Description: This title was first published in 2002. The importance of institutions for transition economies has so far been overlooked. By concentrating on an ongoing tension between informal constraints and mechanisms and the new formal rules and mechanisms that have gradually evolved through the transition period, this volume fills a crucial void in the literature.
Review Quotes: 'Students of transition economics, especially of Russia, will welcome this valuable addition to the literature. The collection, originally presented at the National University of Ireland by an international group of scholars, focuses on institutional change, taxation and regional disparities in Russia's transition. The contributions are original and by world-class economists.' James Millar, George Washington University, Washington, USA 'This is a useful and interesting book which highlights the importance of institutions in Russia's economic transition, at the same time providing a basis for the examination of instituions in other, and not necessarily ex-socialist, countries.' Slovonic and East European Review