Rola instytucji nieformalnych w kształtowaniu ładu instytucjonalnego
The role of informal institutions in the formation of institutional order

Summary/Abstract: Institutional change is an integral process in the development of the society and economy. The seemingly most significant process in the transformation of institutions is the adjustment (also, mutual adjustment) of formal and informal institutions. This is critical to the proper functioning of the institutional system, so that it generates sufficient stimuli for economic activity (low transaction costs, predictability, trust). The result of such adjustments is institutional order which is a prerequisite of sustainable economic growth. One of the features of imitations is their longevity, even though they are constantly evolving. The question arises about how institutional order is formed and what the role of informal institution in this process is. The aim of the article is to determine the role of informal institutions in the formation of institutional order. It is possible that, given time, informal institutions become a solid foundation of institutional order. The article also indicates signs of irregularities in the institutional system in Poland, including in informal institutions.

• Details
• Contents