This analysis of the determinants of private farmer access to rural finance in Romania has two distinct aspects: (i) a quantitative evaluation of some measurable variables for example factors affecting the amount of loans and the volume of savings; and (ii) a qualitative aspect, concentrating on...

It is argued, that the National Bank of Romania should not be in the business of providing direct finance to agriculture. The entire system of support for agriculture, in particular the means of providing rural finance and credit needs to be reviewed, so that non-inflationary solutions may be...

There are diverse ideas about governance around the world, and this paper studies them through the following questions: (a) what does the available evidence tell us about the political and institutional requirements for sustained economic growth? (b) What do we need from the state to secure...

Books reviewed: V.E. Bonnell and T.B. Gold (eds.), The New Entrepreneurs of Europe and Asia. Patterns of Business Development in Russia, Eastern Europe and China Gerald A. McDermott, Embedded Politics: Industrial Networks and Institutional Change in Postcommunism

Ukraine became independent in 1991 and formally abandoned central planning. But the development of market methods of input supply and product distribution was impeded by continuing price distortions and the survival of various methods of administrative commodity allocation from the central...

This paper reports on the situation in Russian higher education since the start of transition, and presents a case study of the finance and budgetary arrangements at the University of Tomsk in some detail. It then illustrates some aspects of the situation in Tomsk with reference to four...

Property relations and financial markets are key aspects of the transition to a market economy. This paper reviews conceptual analysis and recent experience in these areas under five broad headings: (1) property rights and the legal framework; (2) privatisation; (3) the management and regulation...