Institutional Barriers in the Transition to Market: Examining Performance and Divergence in Transition Economies (Studies in Economic Transition)

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Examines the institutional developments in 28 transition economies over the past two decades and concludes that, contrary to popular belief, institutions were not neglected; while personalities mattered as much as policies for outcomes, getting the basic institutions right was the most important aspect of a successful transition.

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About the Author:

Christopher A. Hartwell has advised governments on economic issues throughout transition economies for 17 years, living and working in the CIS and throughout Central and Eastern Europe. He holds a PhD from the Warsaw School of Economics and an MPP from Harvard, as well as an undergraduate degree from the University of Pennsylvania.

Review:

"This is an outstanding and path-breaking piece of work on the role of institutions and transition as a whole. It reads very much like Douglass North, but unlike North Hartwell provides empirical proofs through regression analysis."

Anders Åslund, Senior Fellow, Peterson Institute for International Economics, Washington DC

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9781349458745: Institutional Barriers in the Transition to Market: Examining Performance and Divergence in Transition Economies (Studies in Economic Transition)

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