In their most recent works, North and his co-authors (North, Wallis, Weingast, 2009) (North, Wallis, Webb, Weingast, 2012) name the formation of organizations capable of effectively restricting violence in society as a necessary condition for transfer from developing societies to sustainable...

This paper considers the behavior patterns of Russian firms before and during thefinancial crisis of 2008-2009. To facilitate comparison, we define three maingroups of actors at the firm level in the Russian economy – large, politicallyconnected companies; mid-size firms that expanded in the...