Constitutions and economic reforms in transition: an empirical study |
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Authors: | Katarzyna Metelska-Szaniawska |
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Institution: | (1) Faculty of Economics, University of Warsaw, ul. Dluga 44/50, 00-241 Warsaw, Poland |
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Abstract: | Experiences of countries undergoing post-socialist transition in Central and Eastern Europe, as well as Central and Southwestern
Asia, during the last 17 years, reveal great variety in economic reform paths and their successful implementation. At different
moments of transition varying constitutional rules have also emerged in these countries. In our empirical study we find a
significant relationship between constitutional rules and the economic reform process in post-socialist countries of Europe
and Asia after 1989. In principle, the results confirm the arguments of the so-called negative constitutionalists, according
to which the main function of the constitution for economic reforms in transition is its functioning as a commitment mechanism.
The conclusions constitute an important step towards verification of different and often conflicting theories proposed by
constitutional economists and allow to formulate practical recommendations for constitutional legislators and other actors
capable of influencing constitutional change in countries encompassed by the study.
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Keywords: | Constitutional economics Post-socialist transition Economic reforms |
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