The Leading eBooks Store Online 4,391,687 members ⚫ 1,493,850 ebooks

New to

Learn more

Markets Versus Hierarchies

A Political Economy of Russia from the 10th Century to 2008

Markets Versus Hierarchies by E. Brancato
Buy this eBook
US$ 40.00
(If any tax is payable it will be calculated and shown at checkout.)
Ekaterina Brancato illustrates from a transaction cost perspective how hierarchies influenced the structure of markets and behaviour of individual businesses and cartels in pre-revolutionary, Soviet and present-day Russia. She exposes the devastating effects of self-interested decision making of the government officials on economic growth, and highlights the inefficiencies of the legal system in Russia. Rent-seeking under autocratic and pseudo-democratic conditions is also explored.
Edward Elgar Publishing; June 2009
249 pages; ISBN 9781848447257
Read online, or download in secure PDF format
Title: Markets Versus Hierarchies
Author: E. Brancato