Date of Award
Croft Institute for International Studies
The transition economies, in making their way from a command economy to an integrated market economy, experience vastly different levels of development. This work proposes an influence of inclusive, democratic institutions on increased economic complexity. This project reviews the history of diverging political and economic policy decisions across the region. Case studies for Poland, Ukraine, and Kazakhstan review trade data and democratic policies to better understand groups of development across the region. This paper utilizes Daron Acemoglu and James A. Robinson’s institutional developmental theory as a basis for the creation and sustainability of democratic and economically diverse structures.
Holland, Mary Frances, "Institutional Divides: How Democracy Affects Economic Complexity In The Transition Economies Of Eastern Europe And Central Asia" (2019). Honors Theses. 1165.