Incentives and institutions

Incentives and institutions

by Serguey Braguinsky, Grigory Yavlinsky, S. V. Braginskiĭ

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"Two of Russia's leading economists provide an analysis of the transition to a democratic market economy that has taken place in Russia since 1990. They focus on the institutions that are critical to a successful transition and the economic incentives needed to make these institutions work. Finally, they discuss in detail the specific components of the economic processes that are necessary for economic transition in general and they draw lessons that can be applied to other nations dealing with similar transitions."--BOOK JACKET.

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