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What Are the Lessons from Post-Communist Transitions?
Originally published in Economic Affairs
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.
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.
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