Template-Type: ReDIF-Article 1.0
Author-Name: Bernard Chavance
Author-Email: chavance@univ-paris-diderot.fr
Author-Workplace-Name: Université Paris Diderot, Paris 7, France
Title: Formal and informal institutional change: the experience of postsocialist transformation
Abstract: Diversity of trajectories of post-socialist transforming economies is a stylized fact of this experience of system change. The paper explores the relations between change in formal and informal rules in historical perspective, discussing new institutional views about rationality of formal institutions and detrimental inertia of informal institutions. It submits that an open and complex approach of the entrality of formal/informal rules interaction may give a better explanation to the ultiplicity of national postsocialist pathways.
Classification-JEL: P21, P27
Keywords: post-socialist transformation, diversity of trajectories, institutional change, formal rules, informal rules, enforcement
Journal: Finansovyj žhurnal — Financial Journal
Pages: 47-62
Issue: 1
Year: 2011
Month: January
File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2011/1/statii/2011_01_04.pdf
File-Format: Application/pdf 
Handle: RePEc:fru:finjrn:110104:p:47-62