IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Alternative models of transition and institutional development

Listed author(s):
  • John Marangos

Alternative models of transition are associated with alternative institutional development processes. Alternative models of transition are based on different methods of economic analysis, political structures, views of 'what is a good society?' and the speed of implementing the transition policies. As a result, five alternative models of transition are considered: the Shock Therapy model of transition, the Neoclassical Gradualist model of transition, the Post Keynesian model of transition, the Pluralistic Market Socialist model of transition and the Non-Pluralistic Market Socialist model of transition (the Chinese model of transition). The most appropriate method of institutional development depended on how social reality was viewed and what was considered acceptable, desirable and feasible. It depended on assumptions about economic behaviour, the method of analysis and the goals associated with the transition process. Essentially, the choice depended on what was considered to be efficient: a market mechanism providing market-produced institutions, or state intervention providing state-produced market institutions.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Article provided by Inderscience Enterprises Ltd in its journal Global Business and Economics Review.

Volume (Year): 7 (2005)
Issue (Month): 4 ()
Pages: 390-408

in new window

Handle: RePEc:ids:gbusec:v:7:y:2005:i:4:p:390-408
Contact details of provider: Web page:

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:ids:gbusec:v:7:y:2005:i:4:p:390-408. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Darren Simpson)

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 references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.

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

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.