Economic Adaptability in the Absence of Democratic Corporatism: Explaining Lithuania’s Export Performance

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Autore principale: Vytautas Kuokštis
Natura: Artículo científico
Lingua:en
Pubblicazione: Vilniaus Universitetas 2022
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author Vytautas Kuokštis
author_facet Vytautas Kuokštis
contents Economic Adaptability in the Absence of Democratic Corporatism: Explaining Lithuania’s Export Performance Vytautas Kuokštis Ramūnas Vilpišauskas Política Lithuania Small states institutions external shocks democratic corporatism Viewed in light of democratic corporatism literature, Lithuania is a deviant case. Although it lacks essential institutional prerequisites deemed important for export success and flexible adaptation to external shocks, the small Baltic country has been among the best performers in the European Union on these dimensions. Lithuania has become very internationally integrated and has managed to quickly adjust to numerous shocks, such as the Russian financial crisis of 1998–99, the Global Financial Crisis of 2008–2009, and the COVID-19 pandemic. In this article, we analyse Lithuania’s export specialization and show how particular institutional elements have supported flexible adaptation and competitiveness improvements: we cover the labour market, state’s involvement in terms of domestic compensation and public goods provision, education and skills, and the role of political legitimacy. Lithuania’s case has implications for the literature on the political economy of small states and the debate regarding the middle-income trap. 2022 artículo científico 1392-1681 https://www.redalyc.org/articulo.oa?id=694874473004 https://www.redalyc.org/journal/6948/694874473004/ https://www.redalyc.org/journal/6948/694874473004/html/ https://www.redalyc.org/journal/6948/694874473004/694874473004.epub https://www.redalyc.org/journal/6948/694874473004/movil https://doi.org/10.15388/Polit.2022.108.4 en http://www.redalyc.org/revista.oa?id=6948 Politologija application/pdf Vilniaus Universitetas Politologija (Lituania) Num.4 Vol.108
format Artículo científico
id redalyc_694874473004
institution Redalyc
language en
publishDate 2022
publisher Vilniaus Universitetas
spellingShingle Economic Adaptability in the Absence of Democratic Corporatism: Explaining Lithuania’s Export Performance
Vytautas Kuokštis
Política
Lithuania
Small states
institutions
external shocks
democratic corporatism
Economic Adaptability in the Absence of Democratic Corporatism: Explaining Lithuania’s Export Performance Vytautas Kuokštis Ramūnas Vilpišauskas Política Lithuania Small states institutions external shocks democratic corporatism Viewed in light of democratic corporatism literature, Lithuania is a deviant case. Although it lacks essential institutional prerequisites deemed important for export success and flexible adaptation to external shocks, the small Baltic country has been among the best performers in the European Union on these dimensions. Lithuania has become very internationally integrated and has managed to quickly adjust to numerous shocks, such as the Russian financial crisis of 1998–99, the Global Financial Crisis of 2008–2009, and the COVID-19 pandemic. In this article, we analyse Lithuania’s export specialization and show how particular institutional elements have supported flexible adaptation and competitiveness improvements: we cover the labour market, state’s involvement in terms of domestic compensation and public goods provision, education and skills, and the role of political legitimacy. Lithuania’s case has implications for the literature on the political economy of small states and the debate regarding the middle-income trap. 2022 artículo científico 1392-1681 https://www.redalyc.org/articulo.oa?id=694874473004 https://www.redalyc.org/journal/6948/694874473004/ https://www.redalyc.org/journal/6948/694874473004/html/ https://www.redalyc.org/journal/6948/694874473004/694874473004.epub https://www.redalyc.org/journal/6948/694874473004/movil https://doi.org/10.15388/Polit.2022.108.4 en http://www.redalyc.org/revista.oa?id=6948 Politologija application/pdf Vilniaus Universitetas Politologija (Lituania) Num.4 Vol.108
title Economic Adaptability in the Absence of Democratic Corporatism: Explaining Lithuania’s Export Performance
topic Política
Lithuania
Small states
institutions
external shocks
democratic corporatism
url https://www.redalyc.org/articulo.oa?id=694874473004
https://www.redalyc.org/journal/6948/694874473004/
https://www.redalyc.org/journal/6948/694874473004/html/
https://www.redalyc.org/journal/6948/694874473004/694874473004.epub
https://www.redalyc.org/journal/6948/694874473004/movil
https://doi.org/10.15388/Polit.2022.108.4