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A hybrid model of Mediterranean capitalism with British influences: the case of Cyprus

机译:具有英国影响力的地中海资本主义混合模式:以塞浦路斯为例

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This paper describes and analyses economic organization patterns in a former British colony, Cyprus, with the aim of discussing colonial influences on its institutions and business system and presenting a hybrid type of Mediterranean capitalism that is not included in existing literature on the topic. By reviewing relevant archive material, interviewing key people in institutional positions and sixteen firms of the banking, tourism, construction and retailing sectors in Cyprus, and by comparing features of the Cyprus institutional environment with those in Greece, the impact of the British colonial rule on the legal, financial and education systems, industrial and authority relations in Cyprus is discussed and linked to ownership of firms and relations between managers and employees. The results indicate that the colonial experience has transformed the legal system in Cyprus and has influenced aspects of the development of the education and financial systems, as well as authority and industrial relations. This has contributed, firstly, to the creation of a considerably different institutional environment in Cyprus compared to countries that were never colonized, and secondly, has led to diversity in its business system including the development of organizations with fragmented ownership structures and less authoritarian relationships. Possible connections between this modified institutional environment and economic performance are also briefly discussed.
机译:本文描述并分析了前英国殖民地塞浦路斯的经济组织模式,目的是讨论殖民地对其制度和商业体系的影响,并提出一种混合型的地中海资本主义,但该主题的现有文献中并未提及。通过审查相关的档案资料,采访机构职位的关键人物以及塞浦路斯的银行,旅游,建筑和零售业的十六家公司,并比较塞浦路斯机构环境的特征与希腊的环境特征,英国殖民统治的影响讨论了塞浦路斯的法律,财务和教育系统,劳资关系,并将其与公司所有权以及经理与雇员之间的关系联系在一起。结果表明,殖民经历改变了塞浦路斯的法律体系,并影响了教育和金融体系发展以及权威和劳资关系的各个方面。首先,这与从未殖民的国家相比,在塞浦路斯创造了一个截然不同的体制环境;其次,导致了其业务系统的多样性,包括发展了所有权结构零散,威权关系较少的组织。还简要讨论了这种修改后的制度环境与经济绩效之间的可能联系。

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