The application of Douglass North's approach to institutional change in Transition economies
Електронний архів E-archive DonNTU – (Electronic archive Donetsk National Technical University)
Переглянути архів Інформація| Поле | Співвідношення | |
| Title |
The application of Douglass North's approach to institutional change in Transition economies
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| Creator |
Mendelski, Martin
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| Subject |
transition economies
institutional change Douglass North's theory formal institution informal institution North's approach |
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| Description |
New institutional economics stresses the importance of formal and informal institutions to promote the economics development. This paper focuses on the basic concepts of Douglass North's theory about institutional change. It tries to discover whether his concepts of formal and informal institutions, organizations, transation costs, ideologies, path dependence, and adaptive efficiency are applicable to institutional change in post-communist transition economies. This paper also develops further North's approach to institutional change, talking into consideration short-run and middle-run influencing factors, as well as exogenous ones. Only then may North's approach serve as a pattern for analyzing transition economies.
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| Date |
2011-09-29T10:43:10Z
2011-09-29T10:43:10Z 2006 |
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| Type |
Article
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| Identifier |
Наукові праці Донецького національного технічного університету. Серія: економічна. Випуск 103 - 4 - Донецьк, ДонНТУ, 2006. - С. 84 - 91
http://ea.donntu.edu.ua/handle/123456789/1348 |
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| Language |
other
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| Relation |
Економічна;17
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| Publisher |
Донецький національний технічний університет
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