Institutional Change In Transition Economies

The importance of institutions for transition economies bas so far been overlooked ; Michael Cuddy and Ruvin Gekker bring together leading experts in the field to fill this crucial void in the literature. The contributors concentrate on an ongoing tension between informai constraints and mechanisms and the new format rides and mechanisms that have gradually evolved through the transition period. Experiences are primarily drawn from Russia. The book consists of three parts, the first comprising an analysis, synthesis and generalizations of the institutional adaptations, as a market economy slowly emerges from a fog of shirting rides and varying interpretations. This is followed by the study of business and taxation authorities'behavior as they try to minimize or maximize the taxation take. The volume also analyzes the challenges facing central and regional governments in delivering equitable levels of public services across regions of vastly différent development levels, while at the saure tune trying to stimulate regional economic growth.