Conclusion and Policy Recommendations

Christopher Hartwell

Chapter 7 in Institutional Barriers in the Transition to Market, 2013, pp 204-210 from Palgrave Macmillan

Abstract: Abstract This book has taken a unique look at institutions, hoping to clarify the debate regarding institutions and their role in the transition process through a much more rigorous look at the concept of “institutions.” While there remains more work to be done, both conceptually and empirically, on understanding the relation of institutions to economic activity and human actions more broadly, this book has focused on the subset of countries undertaking a change from a centrally planned economy to a market-oriented one beginning in 1989. The transition experience of these countries, located mainly in Central and Eastern Europe and across the vast Eurasian landmass where the Soviet Union once stood, was an experiment on a vast scale in the reordering of the “mechanisms of mass and regular human interactions” (in the words of Balcerowicz 1995) and thus offered an important and accelerated view of how institutions form, reform, change, and expire.

Keywords: Institutional Change; Economic Outcome; Transition Economy; Policy Recommendation; Economic Freedom (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:stuchp:978-1-137-32371-2_7

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137323712

DOI: 10.1057/9781137323712_7

Access Statistics for this chapter

More chapters in Studies in Economic Transition from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().