Modelling of Institutional Changes in Transition Countries - the Gap Between the Theory and Practice
The first part discusses the consequences of the deficit of real institutional changes in post-socialist SEE countries, and their substitutions by the various anti-developmental institutional imitations, which essentially had the character of alternative quasi-institutions and were in a function...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
NGO “Economic Laboratory for Transition Research” (ELIT)
2017-03-01
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| Series: | Montenegrin Journal of Economics |
| Subjects: | |
| Online Access: | http://repec.mnje.com/mje/2017/v13-n01/mje_2017_v13-n01-a19.pdf |
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| Summary: | The first part discusses the consequences of the deficit of real
institutional changes in post-socialist SEE countries, and their substitutions
by the various anti-developmental institutional imitations,
which essentially had the character of alternative quasi-institutions
and were in a function of enrichment for the privileged individuals. It
points to the importance of neo-institutional economic theories
(NET), which provide a sound grounds and recommendations for
explanation of the imitation changes, which had anti-institutional
and anti-development character. |
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| ISSN: | 1800-5845 1800-6698 |