Nurt instytucjonalny we współczesnej myśli ekonomicznej
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Date
1994
Authors
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Publisher
Wydział Prawa i Administracji UAM
Title alternative
The institutional trend in contemporary economic thought
Abstract
The paper deals with a description of institutionalism and focuses on its contemporary form
- the so-called neo-institutionalism. The main three parts relate to: (1) characteristics and criticism of neo-institutionalism; (2) the relationship between neo-institutionalism and the mainstream
economics; (3) the relationship between neo-institutionalism and the new institutional economics. In the authors opinion neither neo-institutionalism nor the new institutional economics should
be seen as alternatives to the mainstream economics. Instead, an attempt should be made to
combine their strengths and achievements in order to provide a better explantation of the market
economy mechanisms In conclusion, attention is paid to the applicability of neo-institutionalism and of the new
institutional economics to the analysis of transition from a centrally planned to a free market
economy. Many of the related phenomena (inertia and slow evolution of institutions as obstacles to
the economic transition) are best explicable on the level of institutional analysis. In this context
neo-institutionalism seems more useful for macroeconomists, whereas the new institutional economics
can be of help both to mezo- and microeconomists
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Digitalizacja i deponowanie archiwalnych zeszytów RPEiS sfinansowane przez MNiSW w ramach realizacji umowy nr 541/P-DUN/2016
Keywords
Citation
Ruch Prawniczy, Ekonomiczny i Socjologiczny, 56, 1994, z. 1, s. 27-39