Zoran Stefanovic (Nish, Faculty of Economic, Serbia)
Abstract
The transformation of institutions is the process that simultaneously takes place with economic reforms. Institutional development is important dimension of the transition process and should not be neglected in the transition theory. Institutional economics is most appropriate theoretical approach that enables comprehension of the role of institutions in economic transformation. Institutional network that supports market economy consists both of formal and informal institutions. The latter type of institutions is the object of incremental evolution and represents significant constrain in the process of transition
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
file. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Find related papers by JEL classification: A - General Economics and Teaching A0 - General Economics and Teaching - - General
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.: