Growth empirics with institutional measures is performed for 25 transition countries over the period 1990-95. Estimation results suggest that (particularly state) institutions are significant for growth and, especially, foreign direct investment (FDI), the latter in turn being important for the...

To achieve sustainable economic growth in the transition countries, it is crucial that enterprise performance is improved. However, it is not clear which factors are essential for this. On the basis of the empirical literature on potential determinants of enterprise performance in Russia,...

To achieve sustainable economic growth in transition countries, it is crucial that enterprise performance is improved. However, it is not a priori clear which factors are essential for this. For Russia, data to investigate the potential determinants of enterprise performance is scarce....

The survey described in this article collects data on enterprise restructuring, ownership, competition, budget constraints and, particularly, institutions in Russian industry, covering the period between the start of 1992 and September 1999. On their own, the survey answers show a devastating...

Institutions are strikingly absent from most economic theory, certainly from growth theory. In standard theory it is simply assumed that the needed institutional environment is there, within which economic agents can make their optimizing decisions. At the same time, in descriptive growth...

This paper shows that donors that maximize relative aid impact spread their budgets across many recipient countries in a unique Nash equilibrium, explaining aid fragmentation. This equilibrium may be inefficient even without fixed costs, and the inefficiency increases in the equality of donors...

To achieve sustainable economic growth in the transition countries,it is crucial that enterprise performance is improved. However, it isnot clear which factors are essential for this. On the basis of theempirical literature on potential determinants of enterpriseperformance in Russia, surveyed...

Growth empirics with institutional measures is performed for 25 transition countries overthe period 1990-95. Estimation results suggest that (particularly state) institutions aresignificant for growth and, especially, foreign direct investment (FDI), the latter in turnbeing important for the...

To achieve sustainable economic growth in transition countries, it is crucial that enterpriseperformance is improved. However, it is not a priori clear which factors are essential for this. ForRussia, data to investigate the potential determinants of enterprise performance is scarce.Therefore,...