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The lack of correspondence between perceptions and official data is one of the issues that prevent researchers from deep and comprehensive modeling of economic systems in post-communist countries. The authors from European Bank of Reconstruction and Development emphasizes that the region of their activity has achieved an impressive amount of income convergence. Though, residents of post-communist countries have, on average, overcome the dramatic experience of transition, but specific sections of society have been left behind in terms of both objective and subjective well-being. [EBRD Transition Report, 2016]. Smith and Sheremeta [Sheremeta, Smith, Romanenko, 2017] introduces the new prism of how the post-communist countries can be assessed – based on the results of The Reformation that started over 500 years ago in Europe. Continuing the scientific discourse of Weber’s theory, the authors point out that the effective economic development of Ukraine as an integral part of the European civilization should be determined by The Gospel postulates. The aim of the article is to introduce new approach in research of institutional environment through the prism of values. For the modeling of the scenarios for the further economic transformations in Ukraine and Poland „World Values Survey” [2011, 2012] might be a new prism

Perspectives of transformational shifts in Ukraine and Poland through the prism of values survey