Two Roads Diverge - pr_36912

Two Roads Diverge

The Transition Experience of Poland and Ukraine

By Christopher A. Hartwell

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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.

Product code: 9781107530980

ISBN 9781107530980
No. Of Pages 528
Publisher Cambridge University Press
Dimensions (HxWxD in mm) H227xW152xS29
This book compares the performance of Ukraine and Poland over the past twenty-five years by looking deep into their shared past. This historical examination reveals how the evolution of crucial institutions, such as property rights and trade, can be used to explain the current economic divergence between Ukraine and Poland.