THE ROMANIAN INTERWAR POLITICAL INSTITUTIONS. A NEOINSTITUTIONALIST ANALYSIS
Corresponding author:
[email protected]
Received
02 July 2022
Revised
10 November 2022
Accepted
11 November 2022
Available Online
15 November 2022
Abstract
THIS PAPER IS DEVOTED TO A NEOINSTITUTIONALIST ANALYSIS OF THE POLITICAL I NSTITUTIONS FROM THE INTERWAR ROMANIA, M ORE EXACTLY BETWEEN 1918 AND 1938. EVEN THOGH ROMANIA HAD AN INCLUSIVE INSTITUTIONAL SETTING IN FORMAL TERMS, THE POLITICAL PRACTICE OF THE ROMANIAN POLITICAL ELITES WAS NOT DEMOCRATIC. THE QUESTION OF THE PAPER IS T HAT: GIVEN THE FORMAL DEMOCRATIC CHARACT ER, DO THE ROMANIAN POLIT ICAL INSTITUTIONS FROM 1918-1938 PASS THE TEST OF INCLUSIVENESS? IN FACT, THE HYPOTHESIS OF THE PAPER IS THAT THE ROMANIAN POLITICAL INSTITUTIONS BE TWEEN 1918-1938 DO NOT PASS THE TEST OF DEMOCRATIC CHARACTER, BECAUSE THEY HAD AN EXTRACTIVE CHARACTER. THE THEORETICAL PERSPECTIVE ADOPTED IN THIS PAPER COMES FROM DARON ACEMOGLU AND JAMES A. ROBINSON , AS REPRESENTATIVES OF THE NEW INSTITUTIONAL ECONOMICS. THE CONCLUSION OF THIS PAPER IS THAT T HE ROMANIAN POLITICAL INSTITUTIONS FROM THE INTERWAR PERIOD WERE DEMOCRATIC (INCLUSIVE) AT A FORMAL LEVEL, BUT EXTRACTIVE AT AN INFORMAL LEVEL.
Keywords
EXTRACTIVE INSTITUTIONS
INTERWAR ROMANIA
POLITICAL INSTITUTIONS
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