The aim of this study is to investigate the impact of corruption on bank lending in Russia. This issue is of major … interest in order to understand the causes of financial underdevelopment and the effects of corruption in Russia. We use … hampers bank lending in Russia. We investigate whether this negative role of corruption is influenced by the degree of bank …

Russia to regulate banking and finance, including rule of law, competition, deposit insurance, bankruptcy, and corporate … Russia to an impasse – the banking sector’s ownership structure hinders further advancement of market institutions. Indeed …

corruption decreases as nations attain prosperity, as economic and political freedoms increase, and with a larger government size …

majority-owned by federal executive authorities or Central Bank of Russia, by sub-federal (regional and municipal) authorities …

speculative peace and credibility since May 2005. …

specifically in the context of the successes in Poland, the Czech Republic, and Hungary. The author notes a substantial difference …

Republic, Hungary and Poland during the period August 1997 – May 2001. I find that neither exchange rates nor interest rates … rate regime, thereby re-establishing some credibility of the theory. …

This paper seeks to fill a gap in the literature by analyzing inflation in Poland, one of only two transition economies … consumer price index in Poland. This shows the importance of the manufacturing sector in determining the price level in the …