The Significance of the Evolutionary-Institutionalist (Social Power) Approach to the Construction of the Market: The Case of Historically Backward Transition
This paper defines historical backwardness in transition, examines its impact on diversely created market structures in non-Baltic states of the Former Soviet Union, and offers a refined taxonomy of their differing transition experiences. The study argues that in contrast to the neoliberal viewpoint of mainstream discourse, the evolutionary-institutionalist (social power) approach to market construction is a more appropriate framework for assessing alternatives to the growth of authoritarianism in the region. The paper reassesses the constructivist policies of Gorbachev's perestroika from the perspective of institutionalist evolutionism and asserts that these policies still constitute a viable strategy for democratic advancement in authoritarian transition.
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