Institutions and Transition - Possible Policy Implications of the New Institutional Economics
58 Pages Posted: 19 Dec 2001
There are 2 versions of this paper
Institutions and Transition - Possible Policy Implications of the New Institutional Economics
Institutions and Transition - Possible Policy Implications of the New Institutional Economics
Abstract
Possible policy implications of the New Institutional Economics are dealt with. Before spelling them out, the core questions of this research program as well as its main assumptions and hypotheses are described. Since a familiar reproach toward the New Institutional Economics is its lack of empirical results, empirical insights are surveyed. Special emphasis is put on the explanation of the transition experience of the Central and Eastern European countries. The paper lists data desiderata whose reduction could spur further academic progress. As a policy-oriented paper, it explicitly names a number of policy implications that can be derived from the New Institutional Economics.
Keywords: New Institutional Economics, Transition, Internal Institutions, External Institutions, Policy Implications
JEL Classification: B25, 010, P26, P30, Z13
Suggested Citation: Suggested Citation
Do you have a job opening that you would like to promote on SSRN?
Recommended Papers
-
What is Quality of Government: A Theory of Impartial Institutions
By Jan Teorell and Bo Rothstein
-
Political Corruption and Social Trust: An Experimental Approach
By Bo Rothstein and Daniel Eek
-
Why Does Ethnic Diversity Undermine Public Goods Provision? An Experimental Approach
By James P. Habyarimana, Macartan Humphreys, ...
-
When All is Said and Done, How Should You Play and What Should You Expect?
By Robert J. Aumann and Jacques H. Dreze
-
Anti-Corruption: A Big-Bang Theory
By Bo Rothstein
-
Crime and the Political Economy of Russian Reform
By Jim Leitzel
-
Academic Dynasties: Decentralization and Familism in the Italian Academia
By Ruben Durante, Giovanna Labartino, ...