Zeghni, Sylvain and Fabry, Nathalie (2008): Building institutions for growth and human developement : an economic perspective applied to transitional countries of Europe and CIS.
Download (294Kb) | Preview
The collapse of the communist system during the late 1980’s redefined the hierarchy among Central and Eastern European Countries (CEECs) and the former USSR. Some of these countries joined the EU ; some did not ; others formed the CIS . In particular, institutions, mainly market and political one, appear to be a strong foundation for a rapid but irreversible shift from socialism to market-oriented economy. The relationship between economic performance and the quality of domestic institutions has emerged recently as a major subject of interest. The literature shows that the higher the quality of domestic institutions the better the effects on the Human development and growth of a country. The aim of this paper is to analyse in a more qualitative way the role of institutions in transitional countries in the CEECs and CIS. The main question we address is: what kind of institutional arrangement leads to Human development? We propose an analytical pattern where global performance (i.e. Human development) is the final outcome of a new institutional arrangement.
|Item Type:||MPRA Paper|
|Original Title:||Building institutions for growth and human developement : an economic perspective applied to transitional countries of Europe and CIS|
|Keywords:||Transition; CIS; Institutions; Human Development; Growth|
|Subjects:||P - Economic Systems > P3 - Socialist Institutions and Their Transitions > P36 - Consumer Economics; Health; Education and Training; Welfare, Income, Wealth, and Poverty
O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O17 - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
O - Economic Development, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O43 - Institutions and Growth
P - Economic Systems > P2 - Socialist Systems and Transitional Economies > P27 - Performance and Prospects
|Depositing User:||sylvain zeghni|
|Date Deposited:||20. Jun 2008 00:37|
|Last Modified:||25. Feb 2013 11:47|
ACEMOGLU D., JOHNSON S., ROBINSON J. A. (2001), ‘The Colonial Origins of Comparative Development: An Empirical Investigation’, American Economic Review, 91, 1369-1401.
ACEMOGLU D., JOHNSON S., ROBINSON J. A. (2002), ‘Reversal of Fortune: Geography and Institution in the Making of the Modern World Income Distribution’. Quarterly Journal of Economics, 117, 1231-1294.
ACEMOGLU D., JOHNSON S., ROBINSON J. A. (2004), ‘The Colonial Origins of Comparative Development’, American Economic Review, 91, 1369-1401.
ACEMOGLU D., JOHNSON S., ROBINSON J. A. (2005), ‘Institutions as the Fundamental Cause of Long-Run Growth’ in AGHION P., DURLAUF S. (eds), Handbook of Economic Growth, Elsevier, Amsterdam, 1, 385-472.
BARDHAN P. (2005), ‘Institutions Matter, But Which Ones?’, Economics of Transition, 13, 499-532.
BEVAN A., ESTRIN S. (2004), ‘The determinants of FDI into European transition economies’, Journal of Comparative Economic, 32, 775-787.
BEVAN A., ESTRIN S., MEYER K. (2004), ‘Foreign investment location and institutional development in transition economies’, International Business Review, 13, 43-64.
CAROTHERS T. (2003), ‘Promoting the Rule of Law Abroad. The Problem of Knowledge’, Carnegie Endowment Working Papers No. 34, Carnegie Endowment for International Peace, Washington.
CHAKRABARTI A. (2001), ‘The Determinants of Foreign Direct Investment: Sensitivity Analyses of Cross-Country Regressions’, Kyklos, 54, 89-113.
DABROWSKI M., GORTAT R. (2002), ‘Political and Economic Institutions, Growth and Poverty – Experience of Transition Countries’, Occasional Paper 2002/2, Human Development Report Office, United Nation Development Program.
DE LONG J.B., SHLEIFER A. (1993), ‘Prince and merchants: governments and city growth before the industrial revolution’. Journal of law and Economics, 36, 671-702.
DEMEKAS D., HORVÁTH B., RIBAKOVA E., WU Y. (2005), ‘Foreign Direct Investment in South-eastern Europe: How (and How Much) Can Policies Help?’, IMF Working papers 05/110.
DENZAU A. T., NORTH D.C. (1994), ‘Shared Mental Models: Ideologies and Institutions’, Kyklos, 47, 3-31.
DESAI M. (1991), ‘Human Development: concept and measurement”, European Economic Review, 35, 350-357.
DJELIC M.L., QUACK S. (2003), ‘Globalization as a Double Process of Institutional Change and Institution Building’, in DJELIC M.L., QUACK S. (editors) Globalization and Institutions. Redefining the Rules of the Economic Game. Cheltenham, Edward Elgar.
DUC C., LAVALLEE E. (2004), ‘Les bases de données sur la gouvernance’, Cahiers de recherches de l’EURIsCO, n°2004-11, Université Paris-Dauphine.
EASTERLY W., LEVINE R. (2002), ‘Tropics, Germs, and Crops: How Endowments Influence Economic Development’, mimeo, Center for Global Development and Institute for International Economics.
EDISON H. (2003), ‘How strong are the link between institutional quality and economic performance?’. Finance & Development, 40, 35-37.
FABRY N., ZEGHNI S. (2006), ‘FDI in the New European Neighbours of Southern Europe: a quest of institutions-based attractiveness’, MPRA, papers n°1109, Wired at <http://mpra.ub.uni-munchen.de/1109>.
GERRING J., THACKER S.C. (2001), ‘Political Institutions and Human Development’, Mimeo, Northeast Universities Development Consortium Conference, Boston University, September 28-30.
GLOBERMAN S., SHAPIRO D. (2002), ‘National Political Infrastructure and Foreign Direct Investment’, Industry Canada, Research Publication Program, Working paper 37.
GRAY C., HELLMAN J., RYTERMAN R. (2004), Anticorruption in Transition 2, Corruption in Enterprise-State Interactions in Europe and Central Asia 1999–2002, Washington, The Word Bank.
GROGAN L., MOERS L. (2001), ‘Growth empirics with institutional measures for transition countries’, Economic System, 25, 323-344.
GWARTNEY J. D., HOLCOMBE R. G., LAWSON R. A. (2004), ‘Economic Freedom, Institutional Quality and Cross-Country Differences in Income and Growth’. The CATO Journal, 24, 205-233.
HALL R., JONES C. (1999), ‘Why Do Some Countries Produces So Much More Output per Workers than Others?’ Quarterly Journal of Economics, 114, 83-116.
HARE P.G. (2001), ‘Institutional Change and Economic Performance in the Transition Economies.’ Paper presented for the Spring Seminar of the UN ECE. Geneva.
HELMKE G., LEVITSKY S. (2004), ‘Informal institutions and comparative politics: A Research Agenda’, Perspectives on Politics 2: 725-740
JOHNSON S., KAUFMANN D. & SHLEIFER A. (1997), ‘The unofficial economy in transition’ Brookings Papers on Economic Activity, 2, 159-239.
JÜTTING J. (2003), ‘Institutions and development: a critical review’, OECD Development Center, Working Paper n°210, Wired at <http://www.oecd.org/dataoecd/19/63/4536968.pdf>
KAUFMANN D, KRAAY A. , ZOIDO-LOBATÓN P. (2002), ‘Governance Matters II—Updated Indicators for 2000/01’, World Bank Policy Research Department Working Paper No. 2772, Washington D.C.;
KAUFMANN D., KRAAY A. (2002), Growth without Governance, The World Bank.
KAUFMANN D., KRAAY A. (2003), ‘Governance and Growth. Causality which way? Evidence from the World, in brief’, mimeo, The World Bank.
KAUFMANN D., KRAAY A., MASTRUZZI M. (2005), ‘Governance Matters IV: Governance Indicators for 1996-2004’, World Bank, May, Wired at <http://www.worldbank.org/wbi/governance/govdata>
KNACK S. (2001), ‘Trust, associational life and economic performance in the OECD’, in J. HELLIWELL (ed.), The contribution of human and social capital to sustained economic growth and well-being (Ottawa: Human Resources Development Canada)
KNACK S., KEEFER P. (1997), ‘Does social capital have an economic payoff? A cross country investigation’, Quarterly Journal of Economics 112, 1251-88.
KNACK, S., P. KEEFER (1995), ‘Institutions and Economic Performance: Cross Country Tests Using Alternative Institutional Measures’, Economics and Politics, 7, 207-227.
KNOWLES S., WEATHERSTON C. (2006), ‘Informal Institutions and Cross-country Income Differences’, CREDIT Research Paper n°06/06, University of Nottingham.
LA PORTA, R., LOPEZ-DE-SILANES F., SHLEIFER A., VISHNEY R. (1997). ‘Trust in large organizations’, American Economic Review, 87, 333-38.
LAZAROVA E. A. (2006), ‘Governance in relation to Infant Mortality Rate: Evidence from around the world’. Annals of Public and Coperative Economics, 77, 385-394.
MANTZAVINOS C., NORTH D.C., SHARIQ S. (2004), ‘Learning, Institutions and Economic Performance’, Perspectives on Politics, 2, 75-84.
MAURO P. (1995), ‘Corruption and growth’, Quarterly Journal of Economics, 110, 681-712.
MÉON P-G., SEKKAT K. (2004), ‘Does the Quality of Institutions Limit the MENA’s Integration in the World Economy?’, The World Economy, 27, 1475-1498.
MISHRA P., NEWHOUSE D. (2007), ‘Health Aid and Infant Mortality’, IMF Working Paper, WP/07/100, Wired at <http://www.imf.org/external/pubs/ft/wp/2007/wp07100.pdf>
MOERS L. (1999), ‘How Important are Institutions for Growth in Transition Countries?’, Tinbergen Institute Discussion Paper n° 99-004/2.
NAGY A. (2002), ‘Evolving Institutions and Catching-up by the Candidate Countries of the EU’, Interim Report IR-02-028/April, International Institute for Applied Systems Analysis, Laxenburg, Austria.
NAVIA P., ZWEIFEL T. D. (2003), ’Dictatorship, Democracy and Infant Mortality Revisited’, Journal of Democracy, 14, 90-103.
NORTH D. C. (1981), Structure and Change in Economic history, New-York : Norton.
NORTH D. C. (1990), Institutions, institutional change and economic performance. Cambridge University Press, New York
NORTH D. C. (1990), Institutions, Institutional Change and Economic Performance, Cambridge University Press.
NORTH D. C., THOMAS R. P. (1973), The Rise of the Western World. A New Economic History, Cambridge University Press.
OECD (2006), ‘International Seminar: Informal institutions: What do we know? What can we do?’, Paris, 11-12. December, Wired at <http://www.oecd.org/document/7/0,3343,fr_2649_37405_37679943_1_1_1_37405,00.html>
POURNARAKIS M., VARSAKELIS N., (2004), ‘Institutions, internationalization and FDI: the case of economies in transition’, Transnational Corporation 13, 77-94.
PUTNAM R.D., LEONARDI R., NANETTI R.Y (1993), Making Democracy Work: Civic Traditions in Modern Italy. Princeton: Princeton University Press.
RESNICK D., BIRSNER R., (2006), ‘Does Good Governance Contribute to Pro-Poor Growth?: A Review of the Evidence from Cross-Country Studies’, DSCD Discussion Paper. International Food Policy Research Institute, Washington.
RODRIK D. (2004), ‘Globalization and Growth – Looking in the wrong places’, Journal of Policy Modelling, 26. 513-517.
RODRIK D., SUBRAMANIAN A. (2003), ‘The primacy of institutions’, Finance and Development, 40, 31-34.
ROGOFF B. (2003), The Cultural Nature of Human Development, Oxford University Press.
SCHOTTER A. (1981), The Economic Theory of Social Institutions. Cambridge University Press.
SCOTT W R (1995), Institutions and Organizations. Thousand Oaks, London, New Delhi: Sage Publications.
TABELLINI G. (2005), ‘Culture and Institutions: Economic Development in the Regions of Europe’, CESIFO Working Paper, No.1492.
TIDRICO P. (2006), ‘Institutional Change and Human Development in Transition Economies’, Working Paper n°59, Dipartemento di Economia, Università Degli Studi Roma Tre.
YEAGER T. J. (1999), Institutions, Transition Economies and Economic Development. Westview Press, Boulder, Colorado.
ZWEIFEL T. D., NAVIA P. (2000), ‘Dictatorship, Democracy and Infant Mortality’, Journal of Democracy, 11, 99-114.
ZWEYNERT J., GOLDSCHMIDT N. (2005), ‘The two transitions in Central and eastern Europe and the relation between path dependent and politically implemented institutional change’, Discussion paper n°314, Hamburg Institute of International Economics (HWWA).