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Popular Attitudes Toward Market Economic Principles and Institutional Reform in Transition Economies

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  • Petrik Runst

Abstract

Transition countries display generally low levels of public support for market economic principles during the 1990s-but more successful countries display more support than less successful countries. The attitude difference is not just the result of transition speed or success. Rather, the data suggest that the varying levels of public support toward market economic principles existed initially and are a cause of the distinct transition trajectories. Different historical legacies affected popular attitudes long before the watershed moment of 1990.

Suggested Citation

  • Petrik Runst, 2014. "Popular Attitudes Toward Market Economic Principles and Institutional Reform in Transition Economies," Review of Social Economy, Taylor & Francis Journals, vol. 72(1), pages 83-115, March.
  • Handle: RePEc:taf:rsocec:v:72:y:2014:i:1:p:83-115
    DOI: 10.1080/00346764.2013.845337
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    1. Peter J. Boettke & Christopher J. Coyne & Peter T. Leeson, 2015. "Institutional stickiness and the New Development Economics," Chapters, in: Laura E. Grube & Virgil Henry Storr (ed.), Culture and Economic Action, chapter 6, pages 123-146, Edward Elgar Publishing.
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    2. Danko Tarabar & Javier E. Portillo, 2021. "Does Culture Affect Electoral Outcomes? Evidence From Transition Countries," Contemporary Economic Policy, Western Economic Association International, vol. 39(1), pages 141-155, January.

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