An Institutional Approach To Transition Processes

This multi-perspective account of societal change in transition economies offers cutting-edge analysis of the economic, legal, bureaucratic and political impact of institutional collapse and reconstruction, and the ensuing social uncertainty, also paying attention to the historical and cultural aspects of such events. Employing North's theory of Institutional Economics, the book also contains empirical data on various aspects of development in two Central Asian countries, the three Baltic Republics and the Czech and Slovak Republics. The combination of this empirical data with theoretical insight lends realism and credibility to the analysis and helps to underline the argument that transition processes are largely unique. A comprehensive synthesis of complex factors, the book is an impressive resource for both students and scholars of the transition process.