Vol.3, No 1, 2006 pp. 87 - 94
UDC 330.341.4
DEVELOPMENT OF MARKET ECONOMY
IS AN EVOLUTIONARY PROCESS
Zoran Stefanović, Igor Mladenović
Faculty of Economics, University of Niš, 18000 Niš, Serbia
The main objective of the post socialist countries is to develop a
functioning market economy, which is to be achieved by establishing a
complex set of market norms of behaviour. There have been various
successes among transition countries in adopting this strategy. Newly
introduced rules of behaviour induce the transformation of inherited
institutional structure of these countries. It is indicated in the
paper that the transformation of existing institutional matrices is a
gradual, evolutionary process, especially in less successful transition
countries. The rapidity of the institutional transition is the main
determinant of the effectiveness of market-oriented reforms.
Key Words: Transition,
neoclassical economics, institutions, path dependency.
RAZVOJ TRŽIŠNE PRIVREDE JE EVOLUTIVNI
PROCES
Osnovni cilj postsocijalističkih zemalja je razvoj funkcionirajuće
tržišne ekonomije, što bi trebalo da se postigne uspostavljanjem
složenog sistema normi tržišnog ponašanja. Zemlje u tranziciji imale su
različitog uspeha u sprovodjenju ove strategije. Novouspostavljene
norme ponašanja izazivaju transformaciju nasledjene institucionalne
strukture ovih zemalja. U radu se ukazuje da transformacija postojeće
institucionalne matrice predstavlja postepeni, evolutivni proces,
naročito u manje uspešnim zemljama u tranziciji. Brzina institucionalne
tranzicije glavna je determinanta efikasnosti tranzicije.
Ključne reči: tranzicija,
neoklasična ekonomija, institucije, zavisnost od putanje.