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The paper explores a phenomenon often observed in transition economies, when newly established institutions are misused … incidences institutions become sources of private gains and lose their value-creation role and capacity. We offer a typology of … institutional misuse (illustrated by examples from Russian transition), discuss its consequences, and explore reasons why …
Persistent link: https://www.econbiz.de/10008500393
interest rates to boost labor demand. A government of a transition economy may postpone bank privatization to keep credit … provision under control, as long as inefficiencies of state ownership are not prohibitive. We model a transition economy where …
Persistent link: https://www.econbiz.de/10005698693
structures and institutions. Across a range of development outcomes—in terms of the speed and success of reforms—transition is an … “unhappy process.” The “happiness gap,” i.e. the difference in average happiness levels between the populations of transition … and non-transition economies, is closing, but at a slower pace than the process of economic convergence. Economic growth …
Persistent link: https://www.econbiz.de/10011662675
influence using data for about 4000 firms in 25 transition countries. Our results show that (a) lobbying and corruption are …
Persistent link: https://www.econbiz.de/10005792187
influence using data for about 4000 firms in 25 transition countries. Our results show that (a) lobbying and corruption are …
Persistent link: https://www.econbiz.de/10005566608
We study the nature of judicial bias in bankruptcy proceedings following the enactment of bankruptcy law in Russia in 1998. We find that regional political characteristics affected judicial decisions about the numbers and types of bankruptcy procedures initiated after the law took effect. In...
Persistent link: https://www.econbiz.de/10010739036
We study the nature of judicial bias in bankruptcy proceedings following the enactment of bankruptcy law in Russia in 1998. We find that regional political characteristics affected judicial decisions about the numbers and types of bankruptcy procedures initiated after the law took effect. In...
Persistent link: https://www.econbiz.de/10005123934
The paper is concerned with pension reform in the Czech Republic and abroad. It argues against two opinions: on the one hand, it is not necessary to do anything, and on the other hand, that a mandatory funded system should be implemented. Both approaches are false because of creating...
Persistent link: https://www.econbiz.de/10005036504
The paper is concerned with pension reform in the Czech Republic and abroad. It argues against two opinions: on the one hand, that it is not necessary to do anything, and on the other hand, that a mandatory funded system should be implemented. Both approaches are false, because of creating...
Persistent link: https://www.econbiz.de/10005036644
The concept of bioeconomy has increasingly gained importance. The transition towards a bioeconomy is a new challenge … for the sustainable use of soils. In the development of transition strategies, the perspectives of actors need to be … functions are ful-filled by actors in the transition towards a bioeconomy. Actors relevant for soil policy have different …
Persistent link: https://www.econbiz.de/10011460611