Assessing institutional efficiency, growth and integration

Collection:
Mokslo publikacijos / Scientific publications
Document Type:
Žurnalų straipsniai / Journal articles
Language:
Anglų kalba / English
Title:
Assessing institutional efficiency, growth and integration
Authors:
In the Journal:
Emerging markets review, 2005, 6, 69-84
Subject Category:
LT
Lietuva (Lithuania); Ekonomikos plėtra / Economic development; Ekonominė politika. Globalizacija. Integracija / Economic policy. Globalisation. Integration; Rinka. Rinkodara / Market. Marketing.
Summary / Abstract:

ENThis paper presents an alternative empirical approach for evaluation of the institutional system’s development in transition economies and the impact it has on economic performance. We suggested an operational indicator of institutional system dynamics to observe the "institutional reforms-economic growth" interdependence in transition economies. The empirical work reveals a certain dependence between institutional development and economic recovery. An application of the approach to the problems of international economic integration of transition economies in the context of EU accession allows us to assess the role of democratization and the rule of law in particular.

DOI:
10.1016/j.ememar.2004.09.004
ISSN:
1566-0141
Subject:
Permalink:
https://www.lituanistika.lt/content/88915
Updated:
2026-02-25 13:40:17
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