, Doctor of Sciences (Economics), Professor, Professor of Economics Department, Lviv, prospekt Svobody, 18

In heading

Economic theory;

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Issues number

2022-№1 (48)



Type of articles

Scientific article

Code UDK


ISSN print



The delay with efficient market reforms implemented in several post-socialist countries has led to the so-called “state capture” and the formation of an oligarchic economy. An original approach to measuring the level of the economy’s oligarchization in post-socialist countries is proposed. It is shown that the oligarchization index can have a significant negative impact on the quality of economic and political institutions in these countries.


post-socialist countries, market reforms, transition progress index, “state capture”, economy’s oligarchization index, institutions, institutions’ quality indicators


External reviewer

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Economic Theory and Law, 2022-1-8-28


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