Published : 2009-06-30

Institutional Changes after Socialism

Leszek Balcerowicz



Abstract

The article discusses institutional changes after socialism in Poland and some other countries of Eastern and Central Europe i.e. the changes in the legal framework, in the organizational systems, and the regular interactions between individuals. The author examines such issues as: unstable and excessively detailed legislation, disrespect for the constitution by post-socialist legislators, low level of law enforcement (the so-called implementation gap). The research on private property rights protection shows a substantial differentiation in this regard among post-socialist countries. Excess regulations and inspections contribute to corruption among public servants, which, in turn, leads to the development of the second economy. The empirical research on the courts after socialism indicates their low effectiveness in some countries, especially in Poland. This suggests that the delays in reforming the judicial system rather than the influence of socialist heritage, are the main reasons for such a low efficiency. (original abstract)

Keywords:

Institutional changes, Political and systemic transformations



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Balcerowicz, L. (2009). Institutional Changes after Socialism. Zeszyty Naukowe Wyższej Szkoły Bankowej W Poznaniu, 24(24). Retrieved from https://journals.wsb.poznan.pl/index.php/znwsb/article/view/1886

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Uniwersytet WSB Merito w Poznaniu
ul. Powstańców Wielkopolskich 5
61-895 Poznań
e-mail: journals@poznan.merito.pl
University
Uniwersytet WSB Merito w Poznaniu / WSB Merito University
ul. Powstańców Wielkopolskich 5
61-895 Poznań

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