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From Transition to the European Integration. Edition No. 1

VDM Publishing House, Aug 2008, Pages: 196


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After two decades of transition we have the
opportunity to assess this ongoing and in many ways
unique historical process. Furthermore, many lessons
from the large-scale institutional transformation can
be mutatis mutandis applied in the developed
countries as they approach their own institutional
and social policy reforms.

In the context of the countries in transition it is
important to understand that the mere emulation of
institutions from the advanced economies does not
automatically yield similar results in terms of
efficiency, competition and development.

The aim of the analysis is to explore the real
potential of the countries and the societies of
Central and Eastern Europe. It is a potential that,
according to my thesis, has not been fully realized
in the past decade.

The main argument is that institutions and their
interaction appear as a determinant to the behavior
of social actors. As such, this analysis indicates
that any future reform attempts in the developed or
the developing part of the world could be executed
with greater efficiency and with lesser social and
economic costs.




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