"Why do some countries struggle with unemployment, while others are experiencing solid economic growth? Based on the assumption that there are several ways to achieve economic prosperity, the ‘varieties of capitalism' approach explains the differences and institutional advantages of nations. This article departs from the Hall and Soskice (2001) framework of the varieties of capitalism and focuses on central and eastern Europe. The aim of the study is to investigate the form of co-ordination of economic actors in the sample countries. In this study, we employ quantitative techniques to identify what kind of capitalism has emerged in central and eastern European countries. The research attempts to define the extent of co-ordination in individual countries and to express this difference in a numerical way. The result of the study is a coordination index, appropriate to be used in further research in the field of political economy."

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