Market transition: An assessment of the state of the field
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Dramatic changes in global politics and economics have led a large number of economies to undergo transition from socialism to some form of market system. Sociologists have taken advantage of economic transition to develop and test ideas about basic social processes; this article assesses the state of the rich but contentious new literature that has resulted. The article provides a review and evaluation of sociological research that explores the two aspects of transition that have attracted the greatest attention: the nature of the transition process and the consequences of transition for stratification and mobility. The authors address the two theoretical approaches-institutional and corporatist-that have been the center of intense debate regarding transition and evaluate the empirical evidence for each. The authors argue that empirical evidence provides support for elements of each but that detailed scope conditions and more nuanced arguments are critical. © 2012 by Pacific Sociological Association. All rights reserved.
Published Version (Please cite this version)10.1525/sop.2012.55.2.267
Publication InfoKeister, Lisa A; & Paige Borelli, E (2012). Market transition: An assessment of the state of the field. Sociological Perspectives, 55(2). pp. 267-294. 10.1525/sop.2012.55.2.267. Retrieved from http://hdl.handle.net/10161/13981.
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Professor of Sociology
I do research in the areas of economic sociology, organizations and management, and social networks. I study organization and household behavior in both the U.S. and China, including work on organization strategy and the role that relations among organizations play in shaping strategy, household financial decision making, and business start-up. My work on business networks in China looks at relations among firms and how these shape firm performance, survival, and structure. I also do work on