Please use this identifier to cite or link to this item:https://hdl.handle.net/20.500.12259/35903
Type of publication: Straipsnis / Article
Author(s): Vobolevičius, Vincentas
Title: The left or the right? the political logic behind the economic policies of the communist successor parties in Central Europe
Is part of: Baltic Journal of Law & Politics, 2009 vol. 2, iss.2, p. 139-164
Date: 2009
Keywords: Communist successor parties;Post-communist transformations;Economic policy platforms;Elections in Central Europe
Abstract: In years following the regime change in central Europe, many communist successor parties (CSPs) have adopted relatively right-wing economic platforms. This paper explores why, upon entering the game of electoral competition, the CSPs have staked right-wing economic positions - as if trying to alienate the potential electorate among the have-nots of the post-communist transformations. Specifically, I propose that CSPs' economic policy is more representative of the interests of the parties' financial donors, rather than the electorate at large. I test this proposition by analyzing the stance that CSPs take towards signing of bilateral investment treaties (BITs). By attracting foreign investment, BITs change the competitive landscape of a host country in ways that are not always beneficial to the domestic companies, owned by supporters of CSPs. Therefore I expect CSP-controlled governments to be hesitant about signing BITs. The results of the statistical investigation support such a hypothesis, as well as the larger claim of the paper, namely, that the economic policy of the communist successor parties is primarily geared towards representing the interests of their financial supporters.
Internet: https://doi.org/10.2478/v10076-009-0014-8
https://hdl.handle.net/20.500.12259/35903
Appears in Collections:Baltic Journal of Law & Politics 2009, vol. 2, iss. 2

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