Institutional convergence in transition countries Cover Image

Konwergencja instytucjonalna w krajach transformujących się
Institutional convergence in transition countries

Author(s): Dawid Piątek
Subject(s): Economy
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: systemic transition; institutions; political freedom; economic freedom; rule of law; institutional convergence

Summary/Abstract: Post-socialist systemic transition was a huge institutional change. Its aim was a democracy and a market economy which also required the introduction of the rule of law. In terms of political freedom, economic freedom and rule of law post-socialist countries differed significantly from the democratic capitalist economies. Conducted analyses show that the difference in institutional development between post-socialist countries is growing. There is an institutional convergence to developed, democratic market economies in Central Europe and the Baltic states and South-eastern Europe. In contrast, the Eastern Europe and Caucasus and the Central Asia countries approach in terms of economic freedom and move away because of the range of political freedom

  • Issue Year: 2014
  • Issue No: 35/2
  • Page Range: 475-489
  • Page Count: 15
  • Language: Polish