The vicious circle of corrosive capital, authoritarian tendencies and state capture in the Western Balkans
Autor: | Tena Prelec |
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Jazyk: | angličtina |
Rok vydání: | 2022 |
Předmět: |
illiberalism
non-western actors western balkans Corporate governance 05 social sciences Authoritarianism rule of law Context (language use) Conditionality Virtuous circle and vicious circle 0506 political science Rule of law State capture lcsh:Political science (General) foreign investment Political economy Capital (economics) Political science 0502 economics and business Political Science and International Relations 050602 political science & public administration 050207 economics lcsh:JA1-92 Safety Research |
Zdroj: | Journal of Regional Security, Vol 15, Iss 2, Pp 167-198 (2020) BASE-Bielefeld Academic Search Engine |
Popis: | The presence of 'non-Western actors' in the Western Balkans has recently attracted the attention of policy-makers and academics alike, with the rise in prominence of non-EU countries coinciding with the weakening power of accession conditionality. While this trend was initially discussed in the context of a 'new Cold War' narrative, evidence-based research soon showed that this engagement is underpinned by particularistic interests at the top and 'corrosive capital'. The governance dimension is therefore essential in understanding the ties existing between the Balkan countries and the non-Western actors. Making use of primary and secondary data, this article compares the modus operandi of two non-EU actors in the region: Russia and the United Arab Emirates. It is argued that non-transparent business deals can stimulate a normative shift in the Western Balkans' political leadership away from pursuing the rule of law, and towards an authoritarian turn, while strengthening small circles of self-serving elites, at the expense of the citizenry at large. This is conceptualised as a 'vicious circle' of illiberalism and state capture, as viewed through the lens of corrosive capital. |
Databáze: | OpenAIRE |
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