in taxes but also in the provision of infrastructure. The simple model we develop for this purpose demonstrates that the …

in terms of high investment in physical infrastructure and human capital compensated for the costs in allocative …, from infrastructure and human capital than they suffered from weak market incentives. For initially relatively rich … countries the opposite is true. Second, using various measures of physical stocks of infrastructure and human capital we show …

in terms of high investment in physical infrastructure and human capital compensated for the costs in allocative …, from infrastructure and human capital than they suffered from weak market incentives. For initially relatively rich … countries the opposite is true. Second, using various measures of physical stocks of infrastructure and human capital we show …

Following the collapse of planning, new small and medium-sized firms rapidly emerged in all transition economies. Using … faced and their business environment. The business environment includes physical infrastructure, the availability of an … formerly planned economies with those in economies outside transition, we document not only the challenges faced by transition …

Following the collapse of planning, new small and medium-sized firms rapidly emerged in all transition economies. Using … faced and their business environment. The business environment includes physical infrastructure, the availability of an … formerly planned economies with those in economies outside transition, we document not only the challenges faced by transition …

One important determinant of the speed and success of transition will be the efficiency of transformation and … development of the infrastructure sectors. A great deal of attention has been paid to issues such as privatisation, restructuring … it to the railroad, electricity, and telecommunications sectors in Russia, Lithuania, Romania, and Poland. …