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From Marxian School Of Economic Thought To System Paradigm In Economic Studies: The Institutional Matrices Theory

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Abstract

The paper discusses some theoretical-methodological basis for the institutional change analysis in transitional countries. First, the paper shows the specific approach of the Marxian school of economic thought to the analysis of social and economic institutions. Second, the most general features of the system paradigm in economic theory (Kornai, 1998) are presented. Third, the institutional matrices theory, or IMT (Kirdina, 2001; Kirdina, 2001, 2010, etc.), developing Marxian approach and systemic ideas, is presented. An explanatory power of IMT is shown by the analysis of post-soviet reforms in Russia and East-European countries.

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  • Svetlana Kirdina, 2012. "From Marxian School Of Economic Thought To System Paradigm In Economic Studies: The Institutional Matrices Theory," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 8(2), pages 53-71.
    • Handle: RePEc:mje:mjejnl:v:8:y:2012:i:2:p:53-71
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    1. Douglass C. North, 2000. "Big-Bang Transformations of Economic Systems - An Introductory Note," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 156(1), pages 1-3, March.
    2. Kirdina, Svetlana, 2010. "Prospects of liberalization for S&T policies in Russia: institutional analysis," MPRA Paper 23270, University Library of Munich, Germany.
    3. Geoffrey M. Hodgson (ed.), 2002. "A Modern Reader in Institutional and Evolutionary Economics," Books, Edward Elgar Publishing, number 2182.
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    5. Grzegorz Kolodko, 2005. "Transition To A Market. Why Gradualism Works And Radicalism Fails?," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 1(1), pages 19-25.
    6. J. Kornai., 2002. "The System Paradigm," Voprosy Ekonomiki, NP Voprosy Ekonomiki, vol. 4.
    7. Kleiner, George B., 2009. "A New Theory of Economic Systems and Its Application to Economic Policy Studies," RRC Working Paper Series 13, Russian Research Center, Institute of Economic Research, Hitotsubashi University.
    8. Bagrat Yerznkyan, 2012. "Institutional Economics At The Crossroads: A View From Russia," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 8(1), pages 27-45.
    9. Veselin Draskovic & Mimo Draskovic, 2012. "Institutional Nihilism As A Basis For Anti-Development Policy," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 8(1), pages 119-136.
    10. Kleiner, George, 2009. "A New Theory of Economic Systems and Its Application to Economic Police Studies," MPRA Paper 36596, University Library of Munich, Germany.
    11. Anders Åslund & Peter Boone & Simon Johnson, 1996. "How to Stabilize: Lessons from Post-communist Countries," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 27(1), pages 217-314.
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    Cited by:

    1. Kirdina, S., 2013. "Institutional Models of Real Sector Financing," Journal of the New Economic Association, New Economic Association, vol. 18(2), pages 129-155.
    2. Agata Pierscieniak & Mariola Grzebyk, 2020. "Searching Key Macro-Factors for Cooperation in Cross-Border Tourism: Institutional Matrix vs. PEST Concept," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 249-259.
    3. Yury I. Alexandrov & Svetlana G. Kirdina, 2013. "Toward Integration Of Social Mental And Institutional Models: Systemic Approach," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 9(1), pages 7-16.

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    More about this item

    JEL classification:

    • B10 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - General
    • B14 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Socialist; Marxist
    • B15 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Historical; Institutional; Evolutionary

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