Price Adjustment under the Table

Based on a first-hand account, this paper offers evidence on corrupt price setting and price adjustment mechanisms that were illegally employed under the Soviet planning and rationing regime in the USSR. The evidence is anecdotal, and is based on personal experience during the years 1960–1971 in the Republic of Georgia.

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Year of publication:	2009
Authors:	Levy, Daniel
Published in:	Handbook of Frauds, Scams, and Swindles: Failures of Ethics in Leadership. - New York, NY : CRC Press, Taylor & Francis Group, ISBN 978-1-4200-7285-3. - 2009, p. 17-34
Publisher:	New York, NY : CRC Press, Taylor & Francis Group
Subject:	Corruption \| Black Market \| Bribe \| Price System \| Distorted Relative Prices \| USSR \| Command Economy

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Type of publication:	Article
Type of publication (narrower categories):	Book Part
Language:	English
Other identifiers:	10.1201/9781420072860 [DOI] hdl:10419/206546 [Handle] RePEc:zbw:espost:206546 [RePEc]
Classification:	B14 - Socialist; Marxist ; D30 - Distribution. General ; D73 - Bureaucracy; Administrative Processes in Public Organizations; Corruption ; E64 - Incomes Policy; Price Policy ; H26 - Tax Evasion ; H40 - Publicly Provided Goods. General ; K42 - Illegal Behavior and the Enforcement of Law ; O17 - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements ; P20 - Socialist Systems and Transitional Economies. General ; P26 - Political Economy; Property Rights ; Z13 - Social Norms and Social Capital
Source:	EconStor

Persistent link: https://www.econbiz.de/10012120325