Social Sciences
8 years ago

Inadequate Institutions Stifle Market Growth in Post-Socialist Economies.

Palgrave Macmillan UK eBooks
Institutional Obstacles to Marketization in Post-Socialist Economies
Bohari M. Yamin, Stephen Batstone

Paper Summary

Ex-communist countries need proper institutions to switch to a market economy. Without these institutions, a significant market economy is not possible. Understanding our own economy better can help us advise them.

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