, inter-firm arrears and barter in transition economies are connected. Based on a survey of 165 barter deals in the Ukraine in …

the transition. The Czech Republic and Hungary have had some success moving into the production and export of more …

influence using data for about 4000 firms in 25 transition countries. Our results show that (a) lobbying and corruption are …

developed legal system and inadequate market information. We argue that these two market frictions actually offset each other …. Poor market information and the consequent difficulty of locating trading partners can help make self-enforcing contracts …

During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of … ability to influence law enforcement. Our econometric results, for about 950 firms in five transition economies, provide …

institutions of a financial system. It argues that in the countries in transition, priority should be given to stimulating … information generation about investment opportunities, and to ensuring substantial external evaluation of companies' potential … to become not only privileged creditors, but also shareholders of firms, the information needed for efficient …

expectations improve and the economy grows. Once there is predation, the reputation of the current government is ruined and the …