Institutional Change in Transition Economies

Discover the pivotal insights in Institutional Change in Transition Economies by Michael Cuddy, published by Taylor & Francis Ltd in 2019. This hardback edition spans 258 pages and delves into the crucial role of institutions in shaping the economic landscape of transition economies, a subject often overlooked in academic discourse. Cuddy expertly navigates the ongoing tension between informal constraints and the newly established formal rules that have emerged during the transition period. This comprehensive analysis not only fills a significant gap in the literature but also offers valuable perspectives on economic conditions and policies in post-communist societies, particularly in Russia. Enhance your understanding of institutional economics and the dynamics of mixed economies with this essential read.