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The purpose of this paper is to explore the notion of economic informality and its application in the rural context of developing and transitional economies, applying Keith Hart's (1987) notion of informality as a 'remedial concept'. Some remedy is needed to make sense of the many 'palpable...
Persistent link: https://www.econbiz.de/10013078973
Why do inefficient - non-growth enhancing - institutions emerge and persist? This paper develops a simple framework to …
Persistent link: https://www.econbiz.de/10012734829
region's markets, and enhanced growth prospects through the strengthening of basic economic institutions. Furthermore, the … best opportunity for accelerating growth in the region. The analysis includes a discussion of these issues stressing the …
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supporting growth convergence of middle-income countries. …
Persistent link: https://www.econbiz.de/10011957945
What is the relationship between central planning, pervasive shortages, and soft budget constraints under socialism? In …-world socialism. In doing so, our goal is to reframe Kornai’s contributions to the political economy of socialism by focusing on the …
Persistent link: https://www.econbiz.de/10013251644
What is the relationship between central planning, pervasive shortages, and soft budget constraints under socialism? In …-world socialism. In doing so, our goal is to reframe Kornai’s contributions to the political economy of socialism by focusing on the …
Persistent link: https://www.econbiz.de/10014090581