Conference on Political Capitalism Corvinus University of Budapest Program
Date: 15-16 May 2025
Venue: Corvinus University of Budapest, Main Building (E), 1093 Budapest, Fővám tér 8.
Teams link
-
III. lecture hall: Teams III. lecture hall
-
room E.236: Teams E.236
-
room E.069: Teams E.069
-
room E.118.2: Teams E118.2
-
room E.218: Teams E.218
15 May 2025
8:00-9:00 Registration
9:00-9:30 Welcome speeches
Bruno van Pottelsberghe, Rector of Corvinus University of Budapest
Matthieu Berton, Cultural and Cooperation Counsellor at the Embassy of France in Hungary and Director of the French Institute
9:30-10:00 Mehrdad Vahabi, University of Sorbonne Paris Nord: The Economic Rationale of Political Capitalism
10:00-10:20 Branko Milanovic, City University of New York: The New Capitalism: The Elites in the West and China
10:20-10:40 Chenggang Xu, Stanford University: Political Capitalism vs. Communist Totalitarianism: China’s Institutions.
10:40-11:00 Q&A
11:00-11:30 Coffee
|
Time / Room |
III. lecture hall Chair: Branko Milanovic |
E.236 Chair: Chenggang Xu |
E.069 Chair: Pranab Bardhan |
E.118.2 Chair: Mehrdad Vahabi |
|
11:30-11:50 |
Aleksandar Stojanovic: Recent transformation in China’s Political Capitalism: Political Finance versus Financialized Politics |
Filippa Chatzistavrou: Political Capitalism and Silicon Valley |
Özgün Sarimehmet Duman, Arda Bingül: The rise of new developmentalism in Turkey |
Martin Paldam, Jamel Saadaoui: Oil countries Political capitalism |
|
11:50-12:10 |
András Tóth: The Case of Distorted Asymmetry of SBC in Modern Capitalism and China’s Sweet and Sour Position in the World Economy |
Mária Dunavölgyi: Entrepreneurship in political capitalism |
Eszter Kazinczy: Political Capitalism and Structural Change: The case of Bosnia and Herzegovina |
Mokhtari Faycal, Benabou Djillali, Benata Mohammed: The Emergence of Political Capitalism in Arab Countries: Post-Socialist Transition and Development Trajectories |
|
12:10-12:30 |
Domagoj Racic: The origin of political capitalism in Croatia: redefining the party and the firm |
Naema Mohammed: The Relationship between political capitalism and Entrepreneurship in Emerging Economies |
Karthikeya Naraparaju, Sugandh Aggarwal: India’s new industrial policy: evaluating the institutional ecosystem shaping the production linked incentive shemes of India |
Stergios Skaperdas, Samarth Vaidya: Political Capitalism vs The Public Interest: Influence in the Presence of Checks and Balances |
|
12:30-12:50 |
Q&A |
Q&A |
Q&A |
Q&A |
12:50-14:20 Lunch
14:20-14:40 Philippe Aghion, College de France, INSEAD, London School of Economics (on-line): Rethinking capitalism: the power of creative destruction
14:40-15:00 Randall Holcombe, Florida State University (on-line): A Public Choice Analysis of Political Capitalism
15:00-15:20 Deirdre Nansen McCloskey, Cato Institute (on-line): Equality of permission
15:20-15:40 Q&A
|
Time / Room |
III. lecture hall Chair: Jamel Saadaoui |
E.069 Chair: Frédéric Farah |
E.118.2 Chair: Pascal Petit |
|
15:50-16:10 |
Joe Zammit-Lucia: The New Political Capitalism: A new era unfolds |
Robert Obermaier: Apocalypse Now!? The Political Economy of Carl Schmitt’s “Ausnahmenzustand” in Democratic Capitalism |
Andrew G. Lawrence: The role of political capitalism in energy transitions compared: Bolivia, Ecuador, and South Africa |
|
16:10-16:30 |
Adam Pilat: Understanding corporate welfare: A comparative analysis of OECD countries |
György Tury: The characteristics and role of transnational ideological practices in contemporary political capitalism |
Filip Lesniewicz: Dependency research programme, critical realism and the state as a factor of agency. Political capitalism by the prism of peripheries |
|
16:30-16:50 |
Fruzsina Sigér, Zsuzsanna Trón: Passages among political capitalism, market capitalism and democratic welfare state |
Kleinert Jörg: Market building by strategic interactions: the role of powerful private actors and the state |
Michael Adedotun Oke: Challenges and the poor governance of the forest zone in North-East Nigeria |
|
16:50-17:10 |
Q&A |
Q&A |
Q&A |
17:10-17:30 Coffee
17:30-19:00 Book launch: Institutional Genes: Origins of China’s Institutions and Totalitarianism by Chenggang Xu (venue: III. lecture hall)
19:10-21:00 Gala Dinner, venue: Faculty Lounge at Corvinus University of Budapest (main building)
16 May 2025
Venue : III. lecture hall
9:30-9:50 Claude Menard, University Paris 1, Pantheon-Sorbonne: Political Transaction Costs: Are Democracies Doomed to Fail?
9:50-10:10 Pranab Bardhan, University of California, Berkeley: Reflections on Rentier Capitalism (with special reference to India)
10:10-10:30 Pascal Petit, University of Sorbonne Paris Nord: On the political impacts of environmental policies on political capitalism in present market economies
10:30-10:50 Q&A
10:50-11:10 Coffee
|
Time / Room |
III. lecture hall Chair: Claude Menard |
E.218 Chair: Joe Zammit-Lucia |
E.118.2 Chair: Martin Paldam |
|
11:10-11:30 |
Anita Szűcs: A Discourse-Historical Analysis of Rent-Seeking Legitimation in Hungary – “Mapping the Narrative Architecture of Illiberal Political Capitalism (2014-2025)” |
Stefánia Bódi: The challenges of the 21st century, with a special focus on political capitalism |
Lea Steininger: Monetary Essentialism & the Social Meaning of Inflation |
|
10:30-11:50 |
István Benczes: From populism to political capitalism? The case of post-2010 Hungary |
Péter Balogh: Political Capitalism of State Ownership: Evidence from the Visegrád Four Countries |
Adriano do Vale, Jeromé Deyris, Thibault Laurentjoye, Léo Malherbe: Is a man known by the company he keeps? Evidence from diaries of European Central Bank |
|
11:50-12:10 |
Zoltán Bartha: Political Influence and Corporate profits: A study of Hungarian Firms |
S.M. Sajjad Najafi: Political Capitalism in the Age of Knowledge Economy |
Evgeniya Dubinina: Online cash Register policy in Russia: Impact on firm profits and exit decisions |
|
12:10-12:30 |
Q&A |
Q&A |
Q&A |
12:30-14:00 Lunch
14:00-14:20 Abdallah Zouache, Sciences Po Lille: Is there an Arab political capitalism?
14:20-14:40 Vladimir Gel’man, University of Helsinki: Political Capitalism in Russia: Authoritarianism, Cronyism, and Bad Governance
14:40-15:00 Q&A
|
Time / Room |
III. lecture hall Chair: Abdallah Zouache |
E.218 Chair: Vladimir Gel’man |
E.118.2 Chair: Stergios Skaperdas |
|
15:00-15:20
|
Frédéric Farah, Jérôme Maucourant: Is Lebanon doomed to political capitalism? |
Péter Balogh: Interstate solidarity or rent-seeking? Conceptual and empirical investigation of transfers in the Russo-Ukrainian armed conflict from the perspective of political capitalism |
Dóra Győrffy: Political Capitalism and Public Finance in East Central Europe |
|
15:20-15:40 |
Jad Mezher: Lebanese Za’imism: Between Consensus and the Politics of No-decision |
Tibor Bardóczy: The role of law enforcement in Political Capitalism: The interplay of Prosecution, Police and Elite interests |
Mihály Dombi: Explaining the environmental impacts of infrastructure-focused economic growth through economic rents |
|
15:40-16:00 |
Leila Ahmadi: Islamic political capitalism and the Soft Budget Constraint in the Iranian Banking system since 1979 |
|
Bruno Dallago and Sara Casagrande: European integration, political capitalism and democracy |
|
16:00-16:20 |
Q&A |
Q&A |
Q&A |
16:30-16:45 Closing remarks (in Lecture hall III.) – Miklós Rosta, Corvinus University of Budapest: The Relevance of Political Capitalism.
16:45-17:00 Establishment of the International Research Network on Political Capitalism