A piaci rendszerbe való átmenet hosszadalmas folyamat, amely a gazdasági tevékenységek széles skáláját foglalja magában. A piacgazdaságban nem csupán liberális szabályozásra és magántulajdonra van szükség, hanem megfelelő intézményekre is. Emiatt az átalakulás csak...

The globalisation of economic relationships and the systemic transformation in post-socialist countries are two interlacing processes and a mark of the turn of the century. Globalisation, that is, the institutional and real integration of national and regional markets into a single worldwide...

Over 1.8 billion people, from Central Europe to East Asia, have been involved in the great systemic transformation to market economy, civic society and democracy. The process has brought mixed fruits. The diversification of the current situation is a resu

Institutions 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...

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...

Years after commencement of the systemic reforms in Central East Europe and the former Soviet Union the main question on the way of conducting reforms remains: gradualism or radicalism? Unfortunately many countries decided to embark on a radical way of transformation which resulted in a number...

Institutions 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...