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Economic Effects of Post-Socialist Constitutions Revisited (nearly) 25 Years from the Outset of Transition

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  • Katarzyna Metelska-Szaniawska

    (Faculty of Economic Sciences, University of Warsaw)

Abstract

Post-socialist transition taking place since 1989 in countries of Central and Eastern Europe, as well as later in Central and Southwestern Asia, brought about simultaneous changes of their political and economic systems, requiring the establishment of new constitutional frameworks. In this paper we study the effects of post-socialist constitutional change on economic policy decisions of countries involved in this process. As nearly 25 years have passed from the outset of transition, the data allows to conduct an empirical study based on an econometric model confirming the relevance of several constitutional rules in this respect, e.g. regarding the model of government and constitutional judiciary. Based on the results, recommendations are made for countries, where the transition process has been slow and unsuccessful.

Suggested Citation

  • Katarzyna Metelska-Szaniawska, 2015. "Economic Effects of Post-Socialist Constitutions Revisited (nearly) 25 Years from the Outset of Transition," Working Papers 2015-33, Faculty of Economic Sciences, University of Warsaw.
    • Handle: RePEc:war:wpaper:2015-33
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    File URL: http://www.wne.uw.edu.pl/index.php/download_file/2015/
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    References listed on IDEAS

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    10. Falcetti, Elisabetta & Lysenko, Tatiana & Sanfey, Peter, 2006. "Reforms and growth in transition: Re-examining the evidence," Journal of Comparative Economics, Elsevier, vol. 34(3), pages 421-445, September.
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    Cited by:

    1. Katarzyna Metelska‐Szaniawska, 2021. "Post‐socialist constitutions: The de jure–de facto gap, its effects and determinantsa," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 29(2), pages 175-196, April.
    2. Katarzyna Metelska-Szaniawska & Jacek Lewkowicz, 2021. "Post-socialist “illiberal democracies”: do de jure constitutional rights matter?," Constitutional Political Economy, Springer, vol. 32(2), pages 233-265, June.
    3. Katarzyna Metelska-Szaniawska, 2016. "Reassessing the Economic Effects of Post-Socialist Constitutions Using the Synthetic Control Method," Working Papers 2016-18, Faculty of Economic Sciences, University of Warsaw.
    4. Van Den Hauwe, Ludwig, 2017. "Monetary Constitutionalism: Some Recent Developments," MPRA Paper 83052, University Library of Munich, Germany.
    5. Christian Bjørnskov, 2015. "Constitutional property rights protection and economic growth: evidence from the post-communist transition," Constitutional Political Economy, Springer, vol. 26(3), pages 247-280, September.

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    More about this item

    Keywords

    Constitutional Economics; post-socialist transition; economic reforms; direct democracy;
    All these keywords.

    JEL classification:

    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • K19 - Law and Economics - - Basic Areas of Law - - - Other
    • P21 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Planning, Coordination, and Reform
    • P26 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Property Rights

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