English, Article edition: A Model of Institutional Change: The Economic Transition of Poland Pasquale Tridico

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/6003
Physical Description
  • article
Language
  • English

Edition details

Title
  • A Model of Institutional Change: The Economic Transition of Poland
Author
  • Pasquale Tridico
Physical Description
  • article
Notes
  • Transition from a centrally planned economy to a market economy is a complex process which involves, in the first place, the economic institutions. Therefore the core of the transformation is institutional change. During transition in the countries of Central and East Europe the institutions were largely neglected by policy makers. In this paper I argue that this lack of attention caused a certain level of institutional instability and inconsistency in agents’ behaviour, which in part account for the weak economic performance of these countries. The behaviour of agents is affected not only by formal institutions such as new laws and organisations, but also by social norms, old values and habits. The shape of the new institutions depends on the interaction between formal and informal institutions. Lack of consistency between these categories seems to affect economic performance negatively. In this context, the role of the State is crucial. In this, paper I focus primarily on Poland as a case study. In Poland, after the initial programme of macro-stabilisation, called “shock therapy” (1989-93), a second programme more oriented towards institutional issues was implemented (1994-97). During this second period better economic governance and institutional policies seem to have stimulated better economic performance.
  • Institutional Economics, Formal and Informal Institutions, Socialist Systems and Transitional Economies
  • RePEc:rar:journl:0023
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment