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A Structuralist Approach to the Economic Trajectories of Russia and the Countries of East-Central Europe since 1900
Authors:Salvatore J Babones
Institution:1. School of Social &2. Political Sciences , The University of Sydney , New South Wales , Australia salvatore.babones@sydney.edu.au
Abstract:I introduce geographical specificity to world-systems concepts of core and periphery to develop a structuralist approach on semiperipheral development in the world-economy. I apply this approach to the historical trajectory of economic growth in Russia and east-central Europe since 1900. I find circumstantial support for Wallerstein's classic assertion that mercantilist semi-withdrawal is a potentially effective development strategy for semiperipheral countries and show that Russia raised its economic output above historical trend levels during the Soviet period. In contrast, east-central Europe fell short of historical trends during the Soviet period, suggesting that Russia's gains may have been made at the expense of its satellite empire. With the end of communism, both Russia and the countries of east-central Europe quickly returned to their long-term historical output levels relative to the core countries of western Europe.
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