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The article is aimed to develop a theory of institutional reforms, to study their role and relevance at different stages of development of the market mechanism. Based on an analysis of institutional dynamics of industrial transformation of the post-socialist countries in the cases of Russia,...
Persistent link: https://www.econbiz.de/10011271012
This article is the theoretical chapter of a planned book. The book aims to contribute to the theoretical foundations of similarities and differences in the transformation of party-state systems. The analytical framework of system transformation is based on the extension of the Interactive...
Persistent link: https://www.econbiz.de/10011183129
This paper demonstrates that despite substantial transformation towards a market economy, occasions for increased state intervention will mobilize the characteristics of redistribution in party-state systems. Such state intervention occurred through the introduction of the stimulus package in...
Persistent link: https://www.econbiz.de/10010699532
Global downturn in 2008 exerted strong adaptation pressures on China that incited prompt state response. The one-off large state intervention had consequences in several dimensions: on the one hand, it had a positive impact on the system's short-term economic, social and political stability by...
Persistent link: https://www.econbiz.de/10010699538