Systemic Change: The Delicate Mixture of Intentions and Spontaneity
In this paper I shall not present a more or less standard and descriptive summary ofthe current stage ofthe transformationprocess in my country and elsewhere in Central and Eastern Europe. I find it appropriate to defend the achieved results because, in spite of all existing problems, this historic transformation process has been—in principle—successful. Nevertheless, it is our task to understand more deeply the fascinating social mechanism that makes such a process possible and to describe the delicate interplay of the political, social and economic factors at work. My theoretical background and my practical experience tell me that systemic change—and that is what we have been undergoing while dismantling communism in our countries—is an evolutionary process and not an exercise in applied economics or political science. It is based on a very complicated mixture of planned and unplanned, of intended and unintended events, or, to put it differently, on a mixture of intentions and spontaneity. By participating in such a process we have opened another chapter in the never completed book devoted to the study of the relative role of human action and human design in the history of mankind, the book devoted to the study of “made orders” and “catalaxies”—to use well-known Hayekian terms. I hope we can add something to that study. We may confirm that successful transformation isnot the result of detailed reform blueprints in the hands ofomnipotent reform politicians. Rather, success depends on the unconstrained activity of human beings together with “modest
Politická ekonómia slovenského kapitalizmu: inštitucionálna a evolučná perspektíva
The introductory parts of the paper analyse development of a local variety of capitalism in Slovakia from the institutional and evolutionary perspective. In early transition period privatisation policies were aimed at development of a liberal version of capitalism, based on fluid capital markets. These policies were confronted with institutional legacies of previous regimes. Privatisation, however, had major impact on structure of capital ownership and management. Next chapters compare contemporary Slovak capitalism with varieties found in other OECD economies. Major elements of institutional framework (labour market, business and financial environments) are subject to factor analysis. OECD member countries are compared via index of market coordination. Slovakia appears to be a market economy with middle levels of strategic market coordination and similar to Austria, Hungary and the Czech Republic. Reliance on bank finance and dual economy are another distinctive features of the contemporary Slovak capitalism.
NGOs, the UN, and Global Governance
An exploration of the role of non-governmental organisations (NGOs) in the international arena, this work examines the full range of NGO relationships and actions. It concludes with a proposal for an alternative division of responsibility and labour between governmental and non-governmental actors.