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Over fifteen years have elapsed since the transition from the centrally planned economic system started in the early 1990âs. During this time agricultural and rural areas of Central and Eastern Europe have undergone profound structural changes with wide variations in the degree of...
Persistent link: https://www.econbiz.de/10008564626
Land reform and farm restructuring have always been a major component of the transition from plan to market in all formerly socialist countries, and especially in the 12 former Soviet republics forming the Commonwealth of Independent States (CIS). Ukraine, the second most populous country in CIS...
Persistent link: https://www.econbiz.de/10008539761
outcome. HOBBS describes factors that impede investment and growth by drawing on transaction cost economics. Situations … investment decisions. This offers possibilities for opportunistic behaviour, i.e., when an agent behaves in a way that allows him … only in the particular market where the shock occurs but also in other, related markets, i.e., in different locations or at …
Persistent link: https://www.econbiz.de/10008533291