Titlebook: Institutional Barriers in the Transition to Market; Examining Performanc Christopher A. Hartwell Book 2013 Palgrave Macmillan, a division o

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Commonwealth

Conclusion and Policy Recommendations,entral and Eastern Europe and across the vast Eurasian landmass where the Soviet Union once stood, was an experiment on a vast scale in the reordering of the “mechanisms of mass and regular human interactions” (in the words of Balcerowicz 1995) and thus offered an important and accelerated view of how institutions form, reform, change, and expire.

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The Relative Importance of Institutions in Economic Outcomes in Transition,n of institutions to growth. This chapter intends to structure a model to examine the relative role of institutions versus two other important factors: policies, including macroeconomic stabilization and packages of policies used to effect the transition, and personalities, or the people involved in the transition in each country.

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2662-6675 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.978-1-349-45874-5978-1-137-32371-2Series ISSN 2662-6675 Series E-ISSN 2662-6683

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Book 2013Examines 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.

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https://doi.org/10.1057/9781137323712Institutional Barriers; Transition Economies; development; econometrics; growth; Import; macroeconomics; tr

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Studies in Economic Transitionhttp://image.papertrans.cn/i/image/467966.jpg

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2662-6675 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.978-1-349-45874-5978-1-137-32371-2Series ISSN 2662-6675 Series E-ISSN 2662-6683