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This
paper argues that the 2008 economic crisis
was particularly deep in Estonia and Iceland
because non-corporatist neo-liberal political
features were essential endogenous factors
deepening it. A lack of corporatist features
also formed the basis for responses to
the crisis and the political aftermath
in both cases. Furthermore, the paper
argues that adding new institutionalist
aspects to the corporatist model helps
deepen our understanding of political
dynamics in societies that lack clear-cut
corporatist features.
*
This was originally published in the Journal
of Baltic Studies, DOI:10.1080/01629778.2012.719306
October 03, 2012.
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