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Стратегии Институциональных Реформ, Или Искусство Реформ
[Institutional Reform Strategies or Art of Reforms]

Author

Listed:
  • Polterovich, Victor

Abstract

This paper is based on the author’s lecture given at the Russian Summer School on Institutional Analysis 2007, organized by the State University — Higher School of Economics with the financial support of Innovation educational program. The author defines a reform as an intentional institutional change so in any economic system there are always some agents who develop and apply the transformation plan; that is why in his lecture the author emphasizes the institutional reform planning process. Referring to Russian experience of reforms compared to other countries’ (China, Slovenia, etc.) practice, two possible ways of new institution appearance are described: an institution may be constructed or imported from leading economic systems (the so called transplantation method). Some particular cases of reforming — such as “shock therapy”, intermediate institutions strategy appliance, etc. — are analyzed. Thus the paper discusses some of the requirements to the trajectory of institutional changes aimed to provide the successful reform realization.

Suggested Citation

  • Polterovich, Victor, 2007. "Стратегии Институциональных Реформ, Или Искусство Реформ [Institutional Reform Strategies or Art of Reforms]," MPRA Paper 22751, University Library of Munich, Germany, revised 2007.
    • Handle: RePEc:pra:mprapa:22751
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    File URL: https://mpra.ub.uni-muenchen.de/22751/1/MPRA_paper_22751.pdf
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    References listed on IDEAS

    as
    1. Gérard Roland, 2004. "Transition and Economics: Politics, Markets, and Firms," MIT Press Books, The MIT Press, edition 1, volume 1, number 026268148x, December.
    2. Acemoglu, Daron & Johnson, Simon & Robinson, James A., 2005. "Institutions as a Fundamental Cause of Long-Run Growth," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 6, pages 385-472, Elsevier.
    3. Dani Rodrik, 1996. "Understanding Economic Policy Reform," Journal of Economic Literature, American Economic Association, vol. 34(1), pages 9-41, March.
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    Cited by:

    1. Ivan Boldyrev & Olessia Kirtchik, 2014. "General Equilibrium Theory behind the Iron Curtain: The Case of Victor Polterovich," History of Political Economy, Duke University Press, vol. 46(3), pages 435-461, Fall.

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    More about this item

    Keywords

    institutional reforms; institutional reform strategies; economic transition;
    All these keywords.

    JEL classification:

    • P21 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Planning, Coordination, and Reform
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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