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The virtual economy argument for Russia suggests that barter -a payment in goods rather than cash - allows the parties … trust and liquidity in the economy. …
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the suppliers' bargaining position is very strong due to high costs of switching suppliers. Thus, in the absence of trust … particular pitfalls of expansionary monetary policy in barter economies such as Ukraine and Russia. …
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theory sheds light on financial crises and economic growth. …
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, efforts to formally model social capital using economic theory, the econometrics of social capital, and empirical studies of …
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slowly. Russia seems to have performed the transition to a market economy but not to a market and civil society, because … neu implementierten Institutionen ausser Kraft. Sie ändern sich sehr langsam. Russland hat sich scheinbar in eine …
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