CEU Electronic Theses and Dissertations, 2011
| Author | Stavytskyi, Viktor |
|---|---|
| Title | Informal Economy and SLIP Agenda in Russia and Hungary |
| Summary | This research is devoted to the analysis of the informal economy and its reactions to the economic policy reforms. The interrelation between those two phenomena is investigated on the example of impact which the SLIP agenda reforms had on the informal sectors of Russia and Hungary during the two decades of the economic transformation. The theory chosen for this analysis is New Institutionalism and its two related concepts of transaction and transformation costs resulting from formal institutional framework. The difference in the implementation of SLIP reforms, which changed radically institutional environment in Russia and Hungary, explains divergent trends in the development of the respective informal sectors. Whereas in Hungary stepwise implementation of the SLIP agenda resulted in the inverted U-shape of the trajectory of growth of the informal economy, in Russia a partial and misconceived reform agenda resulted in the growth of the informal sector in the 1990s and its entrenchment in the 2000s decade. |
| Supervisor | Csaba, Laszlo |
| Department | International Relations MA |
| Full text | https://www.etd.ceu.edu/2011/stavytskyi_viktor.pdf |
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