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The transition economies have lower rates of entrepreneurship than are observed in most developed and developing market economies. The difference is even more marked in the countries of the former Soviet Union than those of Central and Eastern Europe. We link these differences partly with the...
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The paper emphasizes the transition in Russia and the role institutions played before and during the process. In Russia … recovered and partly achieved their pre-1991 levels at the end of the last decade. The paper depicts Russia's reform efforts and … demonstrated. The patrimonial system that persisted for centuries is still observable at the state level. At any rate, Russia can …
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