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From Marxian School Of Economic Thought To System Paradigm In Economic Studies: The Institutional Matrices Theory

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  • Svetlana Kirdina

Abstract

The paper discusses some theoretical-methodological basis for the institutional change analysis in transitional countries. First, the paper shows the specific approach of the Marxian school of economic thought to the analysis of social and economic institutions. Second, the most general features of the system paradigm in economic theory (Kornai, 1998) are presented. Third, the institutional matrices theory, or IMT (Kirdina, 2001; Kirdina, 2001, 2010, etc.), developing Marxian approach and systemic ideas, is presented. An explanatory power of IMT is shown by the analysis of post-soviet reforms in Russia and East-European countries.

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Bibliographic Info

Article provided by Economic Laboratory for Transition Research (ELIT) in its journal Montenegrin Journal of Economics.

Volume (Year): 8 (2012)
Issue (Month): 2 ()
Pages: 53-71

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Handle: RePEc:mje:mjejnl:v:8:y:2012:i:2:p:53-71

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  1. Vladimir Popov, 2000. "Shock Therapy Versus Gradualism: The End Of The Debate (Explaining The Magnitude Of Transformational Recession)," Comparative Economic Studies, Palgrave Macmillan, vol. 42(1), pages 1-57, April.
  2. Grzegorz Kolodko, 2005. "Transition To A Market. Why Gradualism Works And Radicalism Fails?," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 1(1), pages 19-25.
  3. Veselin Draskovic & Mimo Draskovic, 2012. "Institutional Nihilism As A Basis For Anti-Development Policy," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 8(1), pages 119-136.
  4. Bagrat Yerznkyan, 2012. "Institutional Economics At The Crossroads: A View From Russia," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 8(1), pages 27-45.
  5. Douglass C. North, 2000. "Big-Bang Transformations of Economic Systems - An Introductory Note," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 156(1), pages 3-, March.
  6. Kirdina, Svetlana, 2010. "Prospects of liberalization for S&T policies in Russia: institutional analysis," MPRA Paper 23270, University Library of Munich, Germany.
  7. Kenneth J. Arrow, 2000. "Economic Transition: Speed and Scope," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 156(1), pages 9-, March.
  8. Anders Åslund & Peter Boone & Simon Johnson, 1996. "How to Stabilize: Lessons from Post -communist Countries," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 27(1), pages 217-314.
  9. Veblen, Thorstein, 1898. "Why Economics is not an Evolutionary Science," History of Economic Thought Articles, McMaster University Archive for the History of Economic Thought, vol. 12.
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Cited by:
  1. Yury I. Alexandrov & Svetlana G. Kirdina, 2013. "Toward Integration Of Social Mental And Institutional Models: Systemic Approach," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 9(1), pages 7-16.
  2. Kirdina, S., 2013. "Institutional Models of Real Sector Financing," Journal of the New Economic Association, New Economic Association, vol. 18(2), pages 129-155.

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