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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| _version_ | 1850058529471201280 |
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| author | Veselin Draskovic Evgeny Popov Kestutis K. Peleckis |
| author_facet | Veselin Draskovic Evgeny Popov Kestutis K. Peleckis |
| author_sort | Veselin Draskovic |
| collection | DOAJ |
| description | 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. |
| format | Article |
| id | doaj-art-f23cb865d002414cb865ef83d8102170 |
| institution | DOAJ |
| issn | 1800-5845 1800-6698 |
| language | English |
| publishDate | 2017-03-01 |
| publisher | NGO “Economic Laboratory for Transition Research” (ELIT) |
| record_format | Article |
| series | Montenegrin Journal of Economics |
| spelling | doaj-art-f23cb865d002414cb865ef83d81021702025-08-20T02:51:07ZengNGO “Economic Laboratory for Transition Research” (ELIT)Montenegrin Journal of Economics1800-58451800-66982017-03-01131121140Modelling of Institutional Changes in Transition Countries - the Gap Between the Theory and PracticeVeselin DraskovicEvgeny PopovKestutis K. PeleckisThe 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.http://repec.mnje.com/mje/2017/v13-n01/mje_2017_v13-n01-a19.pdfinstitutionsinstitutional modellingtransaction costsinstitutional designformalisation of institutions |
| spellingShingle | Veselin Draskovic Evgeny Popov Kestutis K. Peleckis Modelling of Institutional Changes in Transition Countries - the Gap Between the Theory and Practice Montenegrin Journal of Economics institutions institutional modelling transaction costs institutional design formalisation of institutions |
| title | Modelling of Institutional Changes in Transition Countries - the Gap Between the Theory and Practice |
| title_full | Modelling of Institutional Changes in Transition Countries - the Gap Between the Theory and Practice |
| title_fullStr | Modelling of Institutional Changes in Transition Countries - the Gap Between the Theory and Practice |
| title_full_unstemmed | Modelling of Institutional Changes in Transition Countries - the Gap Between the Theory and Practice |
| title_short | Modelling of Institutional Changes in Transition Countries - the Gap Between the Theory and Practice |
| title_sort | modelling of institutional changes in transition countries the gap between the theory and practice |
| topic | institutions institutional modelling transaction costs institutional design formalisation of institutions |
| url | http://repec.mnje.com/mje/2017/v13-n01/mje_2017_v13-n01-a19.pdf |
| work_keys_str_mv | AT veselindraskovic modellingofinstitutionalchangesintransitioncountriesthegapbetweenthetheoryandpractice AT evgenypopov modellingofinstitutionalchangesintransitioncountriesthegapbetweenthetheoryandpractice AT kestutiskpeleckis modellingofinstitutionalchangesintransitioncountriesthegapbetweenthetheoryandpractice |