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Institutional Complementarity, Economic Performance, and Governance in the Post-Communist World
Markus, Stanislav; Mendelski, Martin - 2018
Our article presents an index of institutional complementarity for 27 postcommunist economies, and evaluates a key claim of the Varieties of Capitalism paradigm. The empirical novelty of the index lies in its integration of informal institutions as well as its combination of macro-level and...
Persistent link: https://www.econbiz.de/10014133871
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Why are the elite in China motivated to promote growth?
Zang, Xiaowei - 2010
Rapid economic development in China in the post-1978 era has been considered 'intriguing' and 'puzzling' since it … elite are motivated to promote economic development in China. It argues that like politicians in other types of political … regimes, autocratic leaders are interested in high growth rates. It also studies the historical development of China …
Persistent link: https://www.econbiz.de/10008662180
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Transformation as Borderline-Case of Long-Run Development : Aspects of a Classical-Evolutionary Theory of Institutional Transformation
Wrobel, Ralph Michael - 2003
The paper deals with transformation of institutions and the new paradigm in economics, evolutionary economic theory. First mainstream approaches to explain transformation (here called "transition") are criticised, then the conception of evolutionary economics is defined. Transformation - like...
Persistent link: https://www.econbiz.de/10014078861
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Post-Communist Russia in Post-Industrial World : Elements of Catching-Up Policy
Mau, Vladimir - 2015
The paper discusses the strategy of economic development of Russia, which has to be developed after the end of the first stage of post-communist transition – when private economy replaced the state-controlled one and stabilization has been obtained. Russia is considered as a heavy...
Persistent link: https://www.econbiz.de/10014164407
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North Korea : the last transition economy?
Koen, Vincent; Beom, Jinwoan - 2020
of trade with China became less friendly. Today, GDP in North Korea is reportedly lower than in 1990, notwithstanding a …
Persistent link: https://www.econbiz.de/10012203362
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Russian Economic Reforms as Perceived by Western Critics
Mau, Vladimir - 2012
It has recently become customary to argue that Russian economic transformation since 1991 has failed because of bad policy advice and mistaken policy choices. Though Russia's performance leaves much to be desired, such criticisms are based on a failure to analyse the real choices available to...
Persistent link: https://www.econbiz.de/10013098903
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How important are institutions for growth in transition countries?
Moers, Luc - 1999
Growth empirics with institutional measures is performed for 25 transition countries overthe period 1990-95. Estimation results suggest that (particularly state) institutions aresignificant for growth and, especially, foreign direct investment (FDI), the latter in turnbeing important for the...
Persistent link: https://www.econbiz.de/10011300556
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Growth Empirics With Institutional Measures for Transition Countries
Grogan, Louise - 2013
This paper investigates the importance of institutions as a determinant of growth and foreign direct investment (FDI) in 25 transition countries for 1990-1998. It introduces some novel institutional measures, performs extensive sensitivity tests, and checks for reverse causation. Estimation...
Persistent link: https://www.econbiz.de/10013080423
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Institution Building and Growth in Transition Economies
Beck, Thorsten; Laeven, Luc - 2005
Drawing on the recent literature on economic institutions and the origins of economic development, the authors offer a political economy explanation of why institution building has varied so much across transition economies. They identify dependence on natural resources and the historical...
Persistent link: https://www.econbiz.de/10014063770
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Recent Claims of China's Economic Exceptionalism : Reflections Inspired by WTO Accession
Woo, Wing Thye - 2003
The desirability of WTO membership for China depends on whether its economic successes have been the result of its … discovery of new institutional forms (e.g. dual track pricing, SOE contracts, and fiscal contracts) that are optimal for China … advanced member of WTO. If the experimentalist interpretation of China's phenomenal growth is correct, then WTO membership is a …
Persistent link: https://www.econbiz.de/10014131390