This title was first published in 2002.The importance of
institutions for transition economies has 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 informal
constraints and mechanisms and the new formal rules 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 shifting rules 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 different development
levels, while at the same time trying to stimulate regional
economic growth.
General
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