Institutional underdevelopment, anarchy, crime and poverty trap of in transition economies
AbstractWhen eastern countries, at the beginning of the nineties, launched reforms to implement a market economy (price liberalization, privatization etc ... ), economic advisers and policy makers believed that these reforms would create the rule of the law and property rights enforcement. That did not happen. Today, in some transition economies, the rule of the law and market institutions are inefficient or do not exist. This article presents some explanations of this situation. Particularly, it emphasizes coordination problems in law enforcement that can trap the economy in an equilibrium where predatory activities undermine productive activities.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by L'Harmattan in its journal Cahiers d'économie Politique.
Volume (Year): (2004)
Issue (Month): 47 ()
Contact details of provider:
Web page: http://www.cahiersdecopo.fr/fr/
Postal: 142 rue du faubourg Saint-Martin. 75010 Paris, France.
Find related papers by JEL classification:
- K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
- P26 - Economic Systems - - Socialist Systems and Transition Economies - - - Political Economy
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Carlos Andrés Vasco Correa).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.