Poland and Ukraine: Institutional Structures and Economic Performance

Vlad Mykhnenko

Chapter 6 in Varieties of Capitalism in Post-Communist Countries, 2007, pp 124-145 from Palgrave Macmillan

Abstract: Abstract This chapter uses the varieties of capitalism (VoC) approach to outline and conceptualize the major current features of the emerging capitalist systems in two large neighbouring post-communist countries. It follows potential linkages between different institutional forms of post-communist capitalism, examining whether the newly emerged institutional forms of post-communist capitalism function as complementary systemic elements, and changes in the revealed comparative advantage of the Polish and Ukrainian economies. This is then related to the social and macro-economic performance of the two countries in the last phases of transformation. The chapter relies on primary analysis, based mainly on new international comparative sets of institutional, foreign trade, and macroeconomic performance-related data.

Keywords: Comparative Advantage; Employment Protection Legislation; Revealed Comparative Advantage; Modern Capitalism; Liberal Market Economy (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pal:stuchp:978-0-230-62757-4_7

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DOI: 10.1057/9780230627574_7

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