The article provides a survey of the growing experimental literature on the investigation of corruption and extends previous surveys. We discuss three aspects which deserve more attention in further research. These are, first, a more careful consideration of individual norms, second, a broader...

Deme et al. (2005, DFN) present a general equilibrium model for the case of Lesotho with a rising step skill acquisition function. DFN show that only a large amount of government expenditure on education, training and skill acquisition can pull the economy out of its inertia. As a comment on...

This article analyses the outcome of privatisation in the Russian defence industry in the second part of the 1990s. It is based on the results of the longitudinal survey of defence enterprises conducted over the period 1995-99 in the main defence production regions of Russia: Moscow, St...

The article is devoted to the new phenomena in the market transformation of the Russian defence-industrial complex. Based on the data generated by the repeated survey of the CEOs (general directors) of defence enterprises in 1995-99, it examines economic performance of enterprises, their...

In this paper is the description of the features of socioeconomic system newly emerged in Russia as a result of transition to market economy. The main actors of this system are so called 'clans' containing of the business people affiliated with state officials and sometimes criminal groups....

The author develops the concept of 'clan capitalism' that has emerged in Russia during a period of transition. Clan capitalism has led to certain institutional restrictions on business activity: informal rules becoming more important than formal norms, etc. As well as establishing the limits for...

This paper summarizes some of the most influential economic concepts developed by Gottfried Haberler, a leading economic theorist of the 20th century. The importance of his theories for modern economic thought cannot be overestimated. His ideas on price indices, applied opportunity costs for...

Employing public resources for promoting entrepreneurships demands careful selection of candidates who are most promising to set up a successful entrepreneurial career. This study addresses the relation between an individuals’ entrepreneurial potential, identified through personality traits,...

Structural reforms and market liberalization have led to a transformation of the Tanzanian economy since the mid-1980s. Studies on enterprises in the manufacturing sector seem to indicate that entrepreneurs persistently operated with low capacity utilization in the 1990s. In a liberalized market...

The measurement of transaction costs in an economy is a question of present interest and a difficult problem for every country. Attempts for measuring the transaction costs do not take effect mostly due to the fact that the data being gathered by the System of National Accounts do not correspond...