Transplantation of institutions is an important part of reforms in many developing and transition economies. However, principles and methods of transplantation are not developed and therefore many transplantation attempts failed. This is a case for numerous projects of accelerated building the...

We develop a strategy for building mass mortgage financing in Russia based on the transplantation of a modified institution of Contractual Savings for Housing (CSH) and on the control upon its evolution. Rationality of the proposed decision is justified by analysis of mortgage institutions...