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2018 | 11 | nr 3 | 113--132
Tytuł artykułu

Crony Sectors as a Barrier to Economic Welleing and Ecologization (Case of Ukraine)

Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
This paper investigates the relationship between oligarchic economies and the crony sector development, which includes industries with the dominating rent-seeking behavior. In order to analyze the period from 2006 till 2016, cross-countries' data on the Power Distance Index, Crony Capitalism Index, Sustainable Society Index, among with the environmentally related taxes are referenced. Regression analysis for the distance to power and dependence on crony capitalism is carried out with a focus on the relation between crony capitalism and ecologization. Existence of a vicious cycle associated with hierarchical tolerance and barriers towards ecologization in modern welfare economics, is debated. Conclusions are made concerning the cultural and social factors having their direct impact on the existence of crony sectors and functioning of weak institutions. (original abstract)
Rocznik
Tom
11
Numer
Strony
113--132
Opis fizyczny
Twórcy
  • Ternopil National Economic University, Ternopil, Ukraine
  • Ternopil National Economic University, Ternopil, Ukraine
  • Ternopil National Economic University, Ternopil, Ukraine
  • Ternopil National Economic University, Ternopil, Ukraine
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Typ dokumentu
Bibliografia
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Identyfikator YADDA
bwmeta1.element.ekon-element-000171527971

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