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20 Const. Pol. Econ. 1 (2009)

handle is hein.journals/constpe20 and id is 1 raw text is: Const Polit Econ (2009) 20:1-41 DOI 10.1007/s10602-008-9049-1 Constitutions and economic reforms in transition: an empirical study Katarzyna Metelska-Szaniawska Published online: 13 June 2008 © Springer Science+Business Media, LLC 2008 Abstract Experiences of countries undergoing post-socialist transition in Central and Eastern Europe, as well as Central and Southwestern Asia, during the last 17 years, reveal great variety in economic reform paths and their successful implementation. At different moments of transition varying constitutional rules have also emerged in these countries. In our empirical study we find a significant relationship between constitutional rules and the economic reform process in post- socialist countries of Europe and Asia after 1989. In principle, the results confirm the arguments of the so-called negative constitutionalists, according to which the main function of the constitution for economic reforms in transition is its func- tioning as a commitment mechanism. The conclusions constitute an important step towards verification of different and often conflicting theories proposed by consti- tutional economists and allow to formulate practical recommendations for constitutional legislators and other actors capable of influencing constitutional change in countries encompassed by the study. Keywords Constitutional economics - Post-socialist transition Economic reforms JEL Classifications H11 - K19 - P21 - P26 1 Introduction At the end of the 1980s countries of the so-called socialist block initiated the transition process in Central and Eastern Europe and later-in Central and Southwestern Asia. This signified simultaneous changes of the political system- K. Metelska-Szaniawska (E) Faculty of Economics, University of Warsaw, ul. Dluga 44/50, 00-241 Warsaw, Poland e-mail: kmetelska@wne.uw.edu.pl I_ Springer

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