Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/54037
Authors: 
Polishchuk, Leonid
Year of Publication: 
2010
Series/Report no.: 
Working paper // World Institute for Development Economics Research 2010,75
Abstract: 
The paper explores a phenomenon often observed in transition economies, when newly established institutions are misused, i.e., applied or resorted to for reasons which have little in common with their intended or anticipated purpose. In such incidences institutions become sources of private gains and lose their value-creation role and capacity. We offer a typology of institutional misuse (illustrated by examples from Russian transition), discuss its consequences, and explore reasons why governments and societies fail to serve as institutions' guardians. Implications misused institutions for economic and political reforms are analysed.
Subjects: 
institutions
transition
capture
club goods
JEL: 
D02
D72
D78
ISBN: 
978-92-9230-313-6
Document Type: 
Working Paper

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