What are the Lessons from Post‐Communist Transitions?

13 Pages Posted: 7 Feb 2013

See all articles by Dalibor Rohac

Dalibor Rohac

Legatum Institute; King's College London

Date Written: February 2013


This paper provides a review of the literature on post‐communist transitions. It outlines the debate between the proponents of rapid reforms and the advocates of neo‐institutionalism. Providing evidence from the transitional countries, it suggests an alternative approach, explicitly acknowledging the impact of two categories of constraints on reforms.

Keywords: gradualism, institutions, shock therapy, transition

JEL Classification: P2, P3, O16

Suggested Citation

Rohac, Dalibor, What are the Lessons from Post‐Communist Transitions? (February 2013). Economic Affairs, Vol. 33, Issue 1, pp. 65-77, 2013, Available at SSRN: https://ssrn.com/abstract=2213127 or http://dx.doi.org/10.1111/ecaf.12006

Dalibor Rohac (Contact Author)

Legatum Institute ( email )

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King's College London ( email )

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