Comparison of Institutional Solutions in Sweden and Poland during the COVID-19 Pandemic: A Case Study
Purpose: This article aims to introduce institutional differences during the COVID-19 pandemic from the institutional analysis proposed by D.C. North, an example of Poland and Sweden. Design/Methodology/Approach: The research methodology includes both quantitative and qualitative methods. It is based on literature studies and a case study. The countries selected for analysis are Poland and Sweden. This choice is dictated by different institutional solutions in restrictions in society’s daily functioning - resulting from the COVID-19 pandemic. Findings: This study shows the action that is taken to reduce the adverse effects of the pandemic. Practical Implications: This study shows the importance of formal and informal institutions in reducing the adverse effects of the pandemic. Originality/Value: The lack of research has drawn up different strategies to combat the COVID-19 pandemic from the New Institutional Economic perspective. Originality/Value: The research delivers a comparison of Swedish and Polish regulations undertaken to prevent the negative effects of the COVID-19 pandemic and describes their results.