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Institutional competition in the post-Soviet space

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  • Libman, Alexander

Abstract

Institutional competition is often discussed as an instrument of market creation and preservation in transition and development economies. The post-Soviet space offers an interesting case study for the analysis of this problem: increasing international investment flows and absent policy coordination establish an environment for intensification of institutional competition among jurisdictions. Nevertheless, in the post-Soviet world the quality of institutions seems to remain low. This paper deals with potential effects of interjurisdictional competition on institutional quality in the post-Soviet space while addressing two levels of analysis: rational choice factors (economic inequality and learning effects) and interplay of formal and informal institutions (perception of free markets, trust to the public authority and interaction of deep and shallow institutional levels).

Suggested Citation

  • Libman, Alexander, 2007. "Institutional competition in the post-Soviet space," MPRA Paper 10936, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:10936
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    File URL: https://mpra.ub.uni-muenchen.de/10936/1/MPRA_paper_10936.pdf
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    References listed on IDEAS

    as
    1. Oleinik, Anton, 2005. "Transfer of Institutions: Actors and Constraints - The Russian Case in a Global Context," HWWA Discussion Papers 320, Hamburg Institute of International Economics (HWWA).
    2. Levy David L. & Prakash Aseem, 2003. "Bargains Old and New: Multinational Corporations in Global Governance," Business and Politics, De Gruyter, vol. 5(2), pages 1-21, December.
    3. Levy, David L. & Prakash, Aseem, 2003. "Bargains Old and New: Multinational Corporations in Global Governance," Business and Politics, Cambridge University Press, vol. 5(2), pages 131-150, August.
    4. Oleinik, Anton, 2005. "Transfer of Institutions: Actors and Constraints - The Russian Case in a Global Context," Discussion Paper Series 26333, Hamburg Institute of International Economics.
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    Cited by:

    1. Libman, Alexander & Ushkalova, Daria, 2009. "Post-Soviet countries in global and regional institutional competition: The case of Kazakhstan," MPRA Paper 12595, University Library of Munich, Germany.
    2. Nataliia Ostapenko, 2013. "Influence Of National Culture On Behavior Of Business: Comparative Study Of Slovakia And Ukraine," Studies and Scientific Researches. Economics Edition, "Vasile Alecsandri" University of Bacau, Faculty of Economic Sciences, issue 18.
    3. Libman, Alexander, 2008. "Federalism and regionalism in transition countries: A survey," MPRA Paper 29196, University Library of Munich, Germany.
    4. Libman, Alexander, 2008. "Informal regionalism in Central Asia: subnational and international levels," MPRA Paper 26417, University Library of Munich, Germany.

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    More about this item

    Keywords

    Institutional competition; demand for bad institutions; formal and informal institutions;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements

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