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Formal and Informal Institutional Change : the Experience of Postsocialist Transformation

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  • Bernard Chavance
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    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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    Bibliographic 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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    Keywords: Post-socialist transformation ; diversity of trajectories ; institutional change ; formal rules ; informal rules ; enforcement;

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    Cited by:
    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.
    2. Claude Didry & Caroline Vincensini, 2011. "Beyond the market-institutions dichotomy: The institutionalism of Douglass C. North in response to Karl Polanyi's challenge," Working Papers, HAL halshs-00601544, HAL.
    3. Dimiter Ialnazov & Nikolay Nenovsky, 2010. "The evolution of post-communist countries: An interpretation from the perspective of cooperation," ICER Working Papers, ICER - International Centre for Economic Research 03-2010, ICER - International Centre for Economic Research.
    4. Iwasaki, Ichiro & Suzuki, Taku, 2014. "Radicalism versus Gradualism: A Systematic Review of the Transition Strategy Debate," RRC Working Paper Series, Russian Research Center, Institute of Economic Research, Hitotsubashi University 45, Russian Research Center, Institute of Economic Research, Hitotsubashi University.
    5. Nikolay Nenovsky, 2010. "Monetary Regimes In Post-Communist Countries Some Long-Term Reflections," Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 57, pages 217-234, november.
    6. Dimiter Ialnazov & Nikolay Nenovsky, 2011. "A Game Theory Interpretation of the Post-Communist Evolution," Journal of Economic Issues, M.E. Sharpe, Inc., M.E. Sharpe, Inc., vol. 45(1), pages 41-56, March.
    7. Kiss, Andreea N. & Danis, Wade M. & Cavusgil, S. Tamer, 2012. "International entrepreneurship research in emerging economies: A critical review and research agenda," Journal of Business Venturing, Elsevier, vol. 27(2), pages 266-290.

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