IDEAS home Printed from https://ideas.repec.org/a/aip/access/v2y2021i3p290-308.html

Institutional dysfunctions as a factor of convergent-divergent institutional development of post-socialist countries

Author

Listed:
  • Nadiia GRAZHEVSKA

    (Taras Shevchenko National University of Kyiv, Kyiv, Ukraine)

  • Tetiana GAIDAI

    (Taras Shevchenko National University of Kyiv, Kyiv, Ukraine)

  • Alla MOSTEPANIUK

    (Taras Shevchenko National University of Kyiv, Kyiv, Ukraine)

  • Andrii ZAVAZHENKO

    (Taras Shevchenko National University of Kyiv, Kyiv, Ukraine)

Abstract

The article examines the causes, nature and consequences of institutional dysfunctions that arise in the process of market transformations of post-socialist economies, as well as how they affect the institutional development of these countries. A comparative analysis was conducted on the conceptual and methodological basis of modern economic transitology and new institutional economics using such statistical methods as comparison of averages, graphical, correlation analysis, and clustering. The results of the analysis revealed the convergent-divergent nature of the institutional dysfunctions impact on institutional development of post-socialist countries. In particular, the similarity of changes in averages of such development indicators was observed, which indicates the existence of a cluster (convergent-divergent) relationship between 19 analyzed post-socialist countries during the second decade of the XXI century. The convergence of institutional development trends is determined both by the general strategic orientation of systemic market reforms and by the geopolitical, territorial proximity of countries, their membership in regional associations. Clustering of countries through the use of Euclidean distance found that due to differences in institutional development rates of post-socialist economies over the past ten years, the number of clusters has increased, indicating the divergent institutional development of these countries. It is due to the degree of congruence of the prevailing informal institutional environment in countries with the implemented institutional modernizations, which creates various complicating, inhibitory and contradictory institutional dysfunctions or traps that should become an object of further institutional reform.

Suggested Citation

  • Nadiia GRAZHEVSKA & Tetiana GAIDAI & Alla MOSTEPANIUK & Andrii ZAVAZHENKO, 2021. "Institutional dysfunctions as a factor of convergent-divergent institutional development of post-socialist countries," Access Journal, Access Press Publishing House, vol. 2(3), pages 290-308, September.
    • Handle: RePEc:aip:access:v:2:y:2021:i:3:p:290-308
    DOI: 10.46656/access.2021.2.3(7)
    as

    Download full text from publisher

    File URL: https://journal.access-bg.org/journalfiles/journal/issue-2-3-2021/institutional_dysfunctions_as_a_factor_of_convergent-divergent_institutional_development_of_post-socialist_countries.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.46656/access.2021.2.3(7)?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. North,Douglass C. & Wallis,John Joseph & Weingast,Barry R., 2013. "Violence and Social Orders," Cambridge Books, Cambridge University Press, number 9781107646995.
    2. Jens Hölscher & Horst Tomann (ed.), 2015. "Palgrave Dictionary of Emerging Markets and Transition Economics," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-137-37138-6.
    3. repec:cup:cbooks:9781107014213 is not listed on IDEAS
    4. North,Douglass C. & Wallis,John Joseph & Webb,Steven B. & Weingast,Barry R. (ed.), 2013. "In the Shadow of Violence," Cambridge Books, Cambridge University Press, number 9781107684911, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:hal:cepnwp:hal-01583559 is not listed on IDEAS
    2. Gerard Clarke, 2021. "“Thinking and Working Politically”: The case of donor‐supported reform coalitions in the Philippines," Development Policy Review, Overseas Development Institute, vol. 39(3), pages 398-418, May.
    3. Cengiz Erisen & Evren Celik Wiltse, 2017. "Dividedness, Institutions and Economic Performance: A Cross-National Analysis of Democratic Stability," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 132(3), pages 1145-1161, July.
    4. Lee Lane & W. Montgomery, 2014. "An institutional critique of new climate scenarios," Climatic Change, Springer, vol. 122(3), pages 447-458, February.
    5. Mehrdad Vahabi, 2018. "The resource curse literature as seen through the appropriability lens: a critical survey," Public Choice, Springer, vol. 175(3), pages 393-428, June.
    6. Gwendoline Promsopha & Antoine Vion, 2017. "Thailand's 'limited order trap' : a critical application of North, Wallis and Weingast," Post-Print hal-01612052, HAL.
    7. Singh, Nirvikar, 2019. "Theories of Governance and Development: How Does India’s Experience Fit?," MPRA Paper 91049, University Library of Munich, Germany.
    8. Erik Grimmer-Solem, 2015. "The mature limited access order at the doorstep: Imperial Germany and contemporary China in transition," Constitutional Political Economy, Springer, vol. 26(1), pages 103-120, March.
    9. T. Clark Durant & Michael Weintraub, 2014. "How to make democracy self-enforcing after civil war: Enabling credible yet adaptable elite pacts," Conflict Management and Peace Science, Peace Science Society (International), vol. 31(5), pages 521-540, November.
    10. Andrei Yakovlev & Anton Kazun & Daniil Sitkevich, 2016. "The Role of Lawyers in Social Changes in Developing Countries: Evidence from Russia," HSE Working papers WP BRP 70/LAW/2016, National Research University Higher School of Economics.
    11. Steven Webb, 2015. "Becoming an open democratic capitalist society: a two-century historical perspective on Germany’s evolving political economy," Constitutional Political Economy, Springer, vol. 26(1), pages 19-37, March.
    12. van Besouw, Bram & Ansink, Erik & van Bavel, Bas, 2016. "The economics of violence in natural states," Journal of Economic Behavior & Organization, Elsevier, vol. 132(PA), pages 139-156.
    13. Ursula Hoadley & Brian Levy & Lawule Shumane & Shelly Wilburn, 2016. "Leadership, stakeholders and learner performance in four Western Cape schools," Global Development Institute Working Paper Series esid-061-16, GDI, The University of Manchester.
    14. Mushtaq H. Khan, 2018. "Institutions and Asia's development: The role of norms and organizational power," WIDER Working Paper Series wp-2018-132, World Institute for Development Economic Research (UNU-WIDER).
    15. Olivier Bomsel, 2018. "Mineral rents and social orders: when Radetzki meets Douglass North," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 31(1), pages 7-11, May.
    16. Wegner, Gerhard, 2013. "Capitalist transformation without political participation: German capitalism in the first half of the 19th century," Freiburg Discussion Papers on Constitutional Economics 13/14, Walter Eucken Institut e.V..
    17. Mehrdad Vahabi, 2020. "Introduction: a symposium on the predatory state," Public Choice, Springer, vol. 182(3), pages 233-242, March.
    18. Van Bavel, Bas & Ansink, Erik & Van Besouw, Bram, 2017. "Understanding the economics of limited access orders: incentives, organizations and the chronology of developments," Journal of Institutional Economics, Cambridge University Press, vol. 13(1), pages 109-131, March.
    19. Alfred Reckendrees, 2015. "Weimar Germany: The first open access order that failed?," Constitutional Political Economy, Springer, vol. 26(1), pages 38-60, March.
    20. Ademmer, Esther & Langbein, Julia & Börzel, Tanja A., 2019. "Varieties of Limited Access Orders: The nexus between politics and economics in hybrid regimes," Open Access Publications from Kiel Institute for the World Economy 225063, Kiel Institute for the World Economy.
    21. John Wallis, 2015. "Rules, Organizations, and Governments," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 43(1), pages 69-86, March.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • D02 - Microeconomics - - General - - - Institutions: Design, Formation, Operations, and Impact

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aip:access:v:2:y:2021:i:3:p:290-308. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mariana Petrova (email available below). General contact details of provider: https://access-bg.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.