Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE ( © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 29 May 2020

Abstract and Keywords

As the post-communist societies are in the second phase of transition, there is a fundamental inconsistency in the logic of their economic and welfare institutions. This article argues that, in the early stages of transition, it was the reorganization of the economy that dominated the process of institutional change. For some forty years of socialism, the former socialist countries had been on a convergence trajectory. They had entered the socialist experiment at very different levels of economic development, with different institutional arrangements and major cultural–religious differences. Although these differences did not disappear altogether, they were substantially reduced. But as communism broke down, the old fault-lines re-emerged, and the European socialist countries split between Central and Eastern Europe. The article begins by conceptualizing these different trajectories in European socialist countries from socialism and then proceeds to show how this has impacted on the two phases of transformation that have taken place.

Keywords: post-communist societies, institutional change, socialism, economic development, socialist countries

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.