Institutions, Governance, and Economic Performance in Post-Socialist Countries: A Conceptual and Empirical Approach
نویسندگان
چکیده
This paper focuses on the political economy of policy reform in post-socialist countries. It investigates the impact of institutions on economic transformation processes and seeks to develop and empirically test a concept of governance that will strengthen policy reforms and make them sustainable. By arguing that effective policy reforms require an adequate politico-institutional foundation, this study aims at complementing the Washington Consensus that was formed by the Bretton Woods organizations and the US Treasury in the 1980s. JEL codes: H1, H7, O1, P5
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