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Analysis of Institutional Dynamics in the Economies in Transition

Author

Listed:
  • Lev Freinkman
  • Vladimir Dashkeev
  • Margarita Muftiahetdinova

Abstract

The paper analyzes the changes in the Russian institutional system in the framework of fundamental interdependence between institutional and economic development. It reviews a number of established international indicators of institutional development. These indicators are used to study the current trends in the development of Russian economic institutions. The authors compare the Russia’s situation with the tendencies in institutional development of the CIS, Eastern European and selected OECD countries. This paper also contains an original multifactor statistical model aimed to explain the fundamental crosscountry institutional differences with a limited set of economic, geographical, cultural and historic factors.

Suggested Citation

  • Lev Freinkman & Vladimir Dashkeev & Margarita Muftiahetdinova, 2009. "Analysis of Institutional Dynamics in the Economies in Transition," Research Paper Series, Gaidar Institute for Economic Policy, issue 126.
    • Handle: RePEc:gai:rpaper:89
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    File URL: http://www.iep.ru/files/RePEc/gai/rpaper/89Freinkman.pdf
    File Function: Revised version, 2012
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    More about this item

    Keywords

    Institutional Dynamics; Economies in Transition;

    JEL classification:

    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
    • P27 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Performance and Prospects
    • P36 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Consumer Economics; Health; Education and Training; Welfare, Income, Wealth, and Poverty

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