Institutional Barriers in the Transition to Market Examining Performance and Divergence in Transition Economies

Author(s): C. Hartwell
Publisher: Palgrave Macmillan
ISBN: 9781137323705
Edition:

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Description

Description

Examines the institutional developments in 28 transition economies over the past two decades and concludes that, contrary to popular belief, institutions were not neglected; while personalities mattered as much as policies for outcomes, getting the basic institutions right was the most important aspect of a successful transition.