The features of choosing an institutional development trajectory in Eastern Europe in the 16th—17th centuries: Moscovy and the Polish — Lithuanian Commonwealth
... historical events on the choice of institutions and further economic and social development of regions. This article employs the new institutional economic theory approach to consider the choices regarding title to land and serfdom in Moscovy and the Polish — Lithuanian Commonwealth (earlier the Grand Duchy of Lithuania) in the 16th—17th centuries. The author emphasizes the factors, which affected the choice of institutional development trajectory, and considers the influence exerted by these institutes on the political ...