IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/10938.html
   My bibliography  Save this paper

Ex ante and ex post institutional convergence: Case of the post-Soviet space

Author

Listed:
  • Libman, Alexander

Abstract

Abstract: The paper discusses the interaction of ex ante and ex post institutional convergence in the post-Soviet world, i.e. 12 members of the Commonwealth of Independent States. It starts with analysing empirical evidence for institutional convergence in the CIS, and then considers two channels of convergence: institutional competition for mobile capital and ex ante harmonization via interaction in political sphere. In both cases the paper points out potential positive and negative features of the processes from the point of view of institutional transformation. The influence of institutional competition is ambiguous, as both factors of “demand for good institutions” and “demand for bad institutions” influence corporate behaviour. The ex ante harmonization is much less influential and seems to be most successful in preserving semi-authoritarian regimes from potential competitors and therefore supports inefficient equilibrium. Finally, the paper focuses on interaction between ex ante and ex post harmonization, i.e. demand for harmonization from businesses and support of institutional competition environment from the governments. For the governments ex post harmonization could be an attractive way to avoid long and costly bargaining: this factor is probably relevant for the current support of business expansion of Russian corporations by Russian government. For the businesses the situation is more difficult: since historically post- Soviet business did not express significant interest in formal integration (associated with ex ante harmonization), the paper discusses three variables (lobbying, changes in market structure and preferences of the demand side) able to influence their decisions.

Suggested Citation

  • Libman, Alexander, 2007. "Ex ante and ex post institutional convergence: Case of the post-Soviet space," MPRA Paper 10938, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:10938
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/10938/1/MPRA_paper_10938.pdf
    File Function: original version
    Download Restriction: no

    References listed on IDEAS

    as
    1. Alan A. Bevan & Saul Estrin & Paul G. Hare & Jon Stern, 2001. "Extending the economics of disorganization," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 9(1), pages 105-114, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Libman, Alexander, 2006. "Zum Spannungsfeld zwischen staatlicher und privater Wirtschaft am Beispiel der postsowjetischen Staaten
      [On the interaction of public and private businesses: Example of the post-Soviet space]
      ," MPRA Paper 10941, University Library of Munich, Germany.
    2. Libman, Alexander, 2006. "Different paths of the second transition in the post-Soviet world: a political-economic analysis," MPRA Paper 11781, University Library of Munich, Germany.

    More about this item

    Keywords

    Institutional convergence; institutional competition; regionalization;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • P26 - Economic Systems - - Socialist Systems and Transition Economies - - - Political Economy

    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:pra:mprapa:10938. 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: (Joachim Winter). General contact details of provider: http://edirc.repec.org/data/vfmunde.html .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.