institutions and economists' thinking on institutions during transition. Early in transition, institutions were virtually ignored … institutional construction. Transition countries built institutions speedily but with marked variation across countries. Legal …

understand transition and how the experience of transition can help inform the NIE. It first shows that the NIE, as an analytical … tool, hardly played any role at all in early transition, but that strategies of transition might have been very different … practitioner of the NIE. The chapter concludes by emphasizing the lessons from transition for the NIE. The destruction of even very …

that lead to a transition to a market economy or even in the more limited goal of introducing widespread market mechanisms …

At present, there is no generally accepted accounting of the institutional strengths and weaknesses of the transition … shows that institutional quality in transition countries is roughly as expected given per capita incomes. Institutions are …

strategies do not currently reflect efficiency considerations. Instead, behavior reflects peculiarities of transition: history …