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How i learned to stop worrying and love the crisis
Fidrmuc, Jan; Tichit, Ariane - 2012
We investigate the effects of economic crises on the subsequent economic performance, economic reform, democratization and institutional change. Our analysis is based on a sample of post-communist countries, most of which experienced severe economic crises during the 1990s. We find that the...
Persistent link: https://www.econbiz.de/10010280828
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Social capability, history and the economies of Communist and post-Communist states
Iliev, Peter; Putterman, Louis - 2005
transition to a market economy. Our findings are generally affirmative, with an interesting pattern for the Eurasian socialist … fractionalization, which is correlated with late pre-modern development, shows harmful effects in the transition era but not under …
Persistent link: https://www.econbiz.de/10010318883
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Institutions, policies and economic development
Kolodko, Grzegorz W. - 2006
nstitutions are not only created and built, but also, and especially, need to be learnt. It is a process which takes place in all economies, but acquires a special importance in less advanced countries. Not only theoretical arguments, but also the practical experience over the past 15 years...
Persistent link: https://www.econbiz.de/10010284550
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Oil and Growth in Transition Countries
Brunnschweiler, Christa N. - 2009
This paper examines the impact of oil on economic growth in transition economies of the former Soviet Union (FSU) and …
Persistent link: https://www.econbiz.de/10011753172
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Gaining credibility and enhancing economic growth through regional integration: The case for EU membership of Eastern Europe
Piazolo, Daniel - 1997
Trade between Eastern and Western Europe has increased considerably in the last years. Given this market-induced development, why should it be necessary to advance institutional integration? This paper argues that Central and Eastern European countries (CEECs) can potentially enhance the...
Persistent link: https://www.econbiz.de/10010275452
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Governmental Learning as a Determinant of Economic Growth
Gruševaja, Marina - 2010
institutions required by a market economy. Nowadays, the experience of transition countries with the implementation of new …Systemic economic transition is a process of determined radical institutional change, a process of building new … institutions could be reviewed as a method of economic development that despite similar singular steps has different effects on the …
Persistent link: https://www.econbiz.de/10010285506
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A two-thirds rate of success: Polish transformation and economic development, 1989 - 2008
Kolodko, Grzegorz W. - 2009
Progress in achieving institutional changes should be evaluated through the prism of their influence on the development abilities of the relevant country. In Poland, during 20 years of comprehensive systemic shift, GDP increased more than in any other postsocialist country. To judge the...
Persistent link: https://www.econbiz.de/10010273403
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Are we there yet? Time for checks and balances on new institutionalism
Iyigun, Murat - 2012
identification, they too narrowly defined what Northian institutions entail. As a matter of fact, political, legal and economic … institutions are highly malleable even in advanced economies, while sustained economic growth could well be deep rooted in …
Persistent link: https://www.econbiz.de/10010290007
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The Two Transitions in Central and Eastern Europe and the Relation between Path Dependent and Politically Implemented Institutional Change
Zweynert, Joachim; Goldschmidt, Nils - 2005
societal environment. Taking a cultural approach and referring to the newer literature on the transfer of institutions, we try … to improve the understanding of the interrelation between formal and informal institutions. Our central thesis is that … the ?reaction rate? of informal institutions depends on their compatibility with imported formal institutions. The …
Persistent link: https://www.econbiz.de/10010295447
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The Two Transitions in Central and Eastern Europe and the Relation between Path Dependent and Politically Implemented Institutional Change
Zweynert, Joachim; Goldschmidt, Nils - 2005
societal environment. Taking a cultural approach and referring to the newer literature on the transfer of institutions, we try … to improve the understanding of the interrelation between formal and informal institutions. Our central thesis is that … the "reaction rate" of informal institutions depends on their compatibility with imported formal institutions. The …
Persistent link: https://www.econbiz.de/10010296206