Ideas of economic order in the process of economic transformation of the former GDR – expectations and reality Cover Image

Idee ładu gospodarczego w procesie transformacji systemowej byłej NRD – oczekiwania a rzeczywistość
Ideas of economic order in the process of economic transformation of the former GDR – expectations and reality

Author(s): Michał Moszyński
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: systemic transformation; economic order; ordoliberalism

Summary/Abstract: This paper is an attempt at analyzing the transformation of East Germany from the perspective of the theories of economic order. Considerations revolve around the reasons for the weaker than expected results of changes in the former GDR and lead to the conclusion that the transplantation of a complete set of formal institutions (set up, designed order) must consider Euckenian “historical moment” and the role of informal institutions (spontaneous order).

  • Issue Year: 2012
  • Issue No: 245
  • Page Range: 347-356
  • Page Count: 10
  • Language: Polish