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The Two Transitions in Central and Eastern Europe and the Relation between Path Dependent and Politically Implemented Institutional Change

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dc.creator Zweynert, Joachim
dc.creator Goldschmidt, Nils
dc.date 2005
dc.date.accessioned 2013-10-16T07:04:03Z
dc.date.available 2013-10-16T07:04:03Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19286
dc.identifier ppn:485658801
dc.identifier RePEc:zbw:hwwadp:26391
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19286
dc.description The increasing gap between the formerly socialist countries of Central and Eastern Europe (CE & EE) with regard to both their economic and political performance cannot be explained by their different starting conditions after the breakdown of the Soviet Union alone. Rather, it is due to cultural and historical circumstances that shape the particular tradition and societal environment. Taking a cultural approach and referring to the newer literature on the transfer of institutions, we try to improve the understanding of the interrelation between formal and informal institutions. Our central thesis is that the ?reaction rate? of informal institutions depends on their compatibility with imported formal institutions. The transition processes in CE & EE can tell us much about the relation between path dependent and politically implemented institutional change. During the 20th century the countries of CE & EE twice went through rapid institutional change: For centuries they had acculturated to Western Europe, but as a result of the October Revolution ?Eastern? patterns were imposed upon them. Since the breakdown of the SU in the late 1980s they have ?returned to Europe? by (re-)establishing democracy and capitalism. In our opinion, to understand the differences in performance between the transition countries, it is necessary to interpret both transitions as processes of institutional transplantation and ask how the informal institutional settings in the different countries interacted with the imported formal institutions.
dc.language eng
dc.publisher
dc.relation HWWA Discussion Paper 314
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject P51
dc.subject Z10
dc.subject ddc:330
dc.subject Cultural Economics
dc.subject Institutions
dc.subject Transition
dc.subject Path Dependence
dc.subject Übergangswirtschaft
dc.subject Institutioneller Wandel
dc.subject Evolutionsökonomik
dc.subject Osteuropa
dc.subject Pfadabhängigkeit
dc.title The Two Transitions in Central and Eastern Europe and the Relation between Path Dependent and Politically Implemented Institutional Change
dc.type doc-type:workingPaper


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