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Formal and Informal Institutional Change : the Experience of Postsocialist Transformation

Year: 2008

Type: article

Abstract: Diversity of trajectories of post-socialist transforming economies is a stylized fact of this experience of system change. The paper explores the relations between change in formal and informal rules in historical perspective, discussing new institutional views about rationality of formal institutions and detrimental inertia of informal institutions. It submits that an open and complex approach of the centrality of formal/informal rules interaction may give a better explanation to the multiplicity of national post-socialist pathways.

Source: RePEc: Research Papers in Economics

Author: Chavance, Bernard

Institution: Laboratoire Dynamiques Sociales et Recomposition des Espaces

Language: English

Topic: Post-Communist Economic and Political Transition

Subfield: Political Science and International Relations

Field: Social Sciences

Domain: Social Sciences

SDG: Peace, justice, and strong institutions

Open Access status: green

OpenAlex ID: W1547488159

FWCI: 27.32

Cites: 52

Cited by: 88

Related to: 10