Markets Versus Hierarchies - A Political Economy of Russia from the 10th Century to 2008 / Najlacnejšie knihy
Markets Versus Hierarchies - A Political Economy of Russia from the 10th Century to 2008

Code: 05101595

Markets Versus Hierarchies - A Political Economy of Russia from the 10th Century to 2008

by Ekaterina Brancato

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 exp ... more

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Book synopsis

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.

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Book category Books in English Economics, finance, business & management Economics Political economy

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