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Formal and Informal Institutional Change : the Experience of Postsocialist Transformation

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Author Info
Bernard Chavance
Abstract

Diversity of trajectories of post-socialist transforming economies is a stylized fact of this experience of system change. The paper explores the relations between change in formal and informal rules in historical perspective, discussing new institutional views about rationality of formal institutions and detrimental inertia of informal institutions. It submits that an open and complex approach of the centrality of formal/informal rules interaction may give a better explanation to the multiplicity of national post-socialist pathways.

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File URL: http://eaces.liuc.it/18242979200801/182429792008050103.pdf
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Publisher Info
Article provided by Cattaneo University (LIUC) in its journal The European Journal of Comparative Economics.

Volume (Year): 5 (2008)
Issue (Month): 1 (June)
Pages: 57-71
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Handle: RePEc:liu:liucej:v:5:y:2008:i:1:p:57-71

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Related research
Keywords: Post-socialist transformation ; diversity of trajectories ; institutional change ; formal rules ; informal rules ; enforcement;

Find related papers by JEL classification:
B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian
K40 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - General
P20 - Economic Systems - - Socialist Systems and Transition Economies - - - General
P37 - Economic Systems - - Socialist Institutions and Their Transitions - - - Legal
P50 - Economic Systems - - Comparative Economic Systems - - - General
B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Institutional; Evolutionary

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  1. Vernikov, Andrei, 2009. "Импорт В Россию Институтов Корпоративного Управления И Их Мутация
    [Corporate governance intitutions in Russia: import and mutation]    ," MPRA Paper 15379, University Library of Munich, Germany. [Downloadable!]
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This page was last updated on 2009-11-13.

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