Thirty years of economic transition in the former Soviet Union: Microeconomic and institutional dimensions

Abstract

The post-communist transition in the former Soviet Union (FSU) cannot be considered entirely successful, especially in the political and institutional spheres. Nevertheless, in the economic sphere, the transition process succeeded in rebuilding the foundations of market economies based on private ownership by the early 2000s, even if the adopted­ policies and institutions have proved suboptimal and distortive in many countries. The transition experience in the FSU region has demonstrated a correlation between political and economic reforms, with a strong impact of the former on the latter. The deficit of democracy, civil freedoms and the rule of law has negatively impacted the course of the economic transition, causing significant delay, distortions and partial reversals.

Conceptual platform and applied aspects of interaction between government and business agencies in the Republic of Kazakhstan

“…The dissolution of the USSR led to the emergence of newly independent states, including Kazakhstan, and marked a period of significant institutional transformation towards a market economy and democratic governance (Dabrowski, 2023). This transformation was accompanied by a revolution of institutions, resulting in the development of an enclave structure that has a dual nature in non-Western modernizing societies (Batsaikhan and Dabrowski, 2017).…”