Please use this identifier to cite or link to this item:
Full metadata record
|dc.description.abstract||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 beexplained by their different starting conditions after the breakdown of the Soviet Unionalone. Rather, it is due to cultural and historical circumstances that shape the particulartradition and societal environment. Taking a cultural approach and referring to the newerliterature on the transfer of institutions, we try to improve the understanding of theinterrelation between formal and informal institutions. Our central thesis is that the ?reactionrate? of informal institutions depends on their compatibility with imported formalinstitutions. The transition processes in CE & EE can tell us much about the relationbetween path dependent and politically implemented institutional change. During the20th 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 OctoberRevolution ?Eastern? patterns were imposed upon them. Since the breakdown of the SUin 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 transitioncountries, it is necessary to interpret both transitions as processes of institutionaltransplantation and ask how the informal institutional settings in the different countriesinteracted with the imported formal institutions.||en_US|
|dc.publisher|||aHamburg Institute of International Economics (HWWA) |cHamburg||en_US|
|dc.relation.ispartofseries|||aHWWA Discussion Paper |x314||en_US|
|dc.title||The Two Transitions in Central and Eastern Europe and the Relation between Path Dependent and Politically Implemented Institutional Change||en_US|
Files in This Item:
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.