Transformation and crisis in Central and Eastern Europe : a combined and uneven development perspective

Abstract

This article elaborates a theory of combined and uneven development that takes the dimensions of spatiality, labour and institutions seriously. Drawing on this conceptual framework, an account is given of the way the 2007–2008 crisis was inflected in the countries of Central and Eastern Europe. The integration of these countries with the global economy has taken place in different ways through trade, investment and finance. This has not only been a source of unevenness within and between them, but has also determined the form and severity with which they have experienced the crisis. The combined and uneven development perspective is therefore able to provide a rich and more dynamic account of economic development and the transmission of the crisis. Further, rather than labour being treated as one among many institutions, it is privileged in its potential role of instigating deep social change