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This study analyses the institutional impediments to investment and growth in SEE and suggests ‘second generation’ policy reforms to ease these constraints. Chapter one reviews the recent trends in the economies of the eight countries that comprise the region (SEE8) and their prospects for...
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Im Juli 1997 fand in St. Petersburg ein Workshop zur Privatisierung in Rußland statt. Der vorliegende Bericht enthält neben den Proceedings Fallstudien, die sich mit der Veräusserung von Großunternehmen befassen. Es zeigt sich, daß für einen erfolgreichen Privatisierungsprozess starke...
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Corruption is now recognized to be a pervasive phenomenon that can seriously jeopardize the best-intentioned reform efforts. This paper presents an analytical framework for examining the role basic market institutions play in rent-seeking and illicit behavior. The empirical results suggest that...
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