Two Roads Diverge
Cambridge University Press, 10/6/2016
EAN 9781107530980, ISBN10: 1107530989
Paperback, 528 pages, 22.7 x 15.2 x 2.9 cm
Language: English
The dramatic events of Maidan in February 2014 shone a spotlight on the immense problems facing Ukraine. At the same time that Ukraine was undergoing turmoil, its western neighbor Poland was celebrating twenty-five years of post-communism with a rosy economic outlook and projections of continued growth. How could two countries who shared similar linguistic, cultural, economic and political heritages diverge so wildly in economic performance in such a short span of time? The main argument of this book is that institutions, and more specifically the evolution or neglect of the particular institutions needed for a market economy, explain the economic divergence between Ukraine and Poland. This book discusses the evolution of key institutions such as property rights, trade, and the role of the executive branch of government to explain the recent relative performance of the two countries.
1. Introduction
2. A brief institutional history of Central Europe I
Poland and its political institutions to 1989
3. A brief institutional history of Central Europe II
Poland and its economic institutions to 1989
4. A brief institutional history of Eastern Europe
Ukraine and its institutions to 1989
5. The transition of Poland and Ukraine
two roads diverge
6. Conclusion - the why of divergence.