FROM SOVIETOLOGY TO THE NEW INSTITUTIONAL ECONOMICS - MEDITATIONS FROM A DISTANCE OF TWO DECADES (A szovjetologiatol az uj intezmenyi kozgazdasagtanig - Toprengesek ket evtized tavlatabol)
The article attempts to give an account of the changes of system in Central and Eastern Europe and of those who studied them in the last two decades. It shows how a less developed branch of economics faced a historical process that posed possibly the most difficult questions of interpretation and application for the whole discipline. An attempt is made to discover why recognition and application of the mainstream approach failed to bring resounding success for the economies of the region or for economics itself. The author examines the relation between continuity and the critical weight of reforms. Finally, an attempt is made to advance durable propositions based on analysis of this specific field through now mainstream approaches in terms of sustainable development.
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