IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-62658-4_2.html
   My bibliography  Save this book chapter

The Meaning and Measurement of Transition

In: The Successes and Failures of Economic Transition

Author

Listed:
  • Hubert Gabrisch
  • Jens Hölscher

Abstract

Chapter 1 introduces the reader to the characteristics of economic transition. We explain transition as a fundamental change in institutions, and show that progress in transition has been made above all in changing formal institutions; the transformation of informal institutions, however, still lags behind. Corruption, little interpersonal trust and trust in public institutions cause high forgone gains in income generation, employment, and equity. We further evaluate the achievements of institutional changes in terms of sustainable and equitable economic development, and compare expected with actual results. We find that differences between the Chinese transition and transition in Russia and other CEE countries can be explained by country-specific institutional arrangements.

Suggested Citation

  • Hubert Gabrisch & Jens Hölscher, 2006. "The Meaning and Measurement of Transition," Palgrave Macmillan Books, in: The Successes and Failures of Economic Transition, chapter 1, pages 4-19, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-62658-4_2
    DOI: 10.1057/9780230626584_2
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-62658-4_2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.