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This paper uses a unique panel dataset on firm-level corruption. It contains quantitative information on bribe payments by a sample of formal and informal Vietnamese firms. We show that bribe incidence is highly associated with firm-level differences in (i) visibility, (ii) sunk costs, (iii) ability...
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The paper summarises the findings of field research projects on emerging Russian entrepreneurship carried out by the author over a six-year period. The main stages of small and medium enterprise (SME) formation in Russia since the late 1980s are considered. Then, the dynamics of the SME sector are...
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Ever since 1978, China has been making more and more progress in her economic system reform and gaining popularity around the world. This paper gives a general picture of China's economic system reform: its background, problems, policies, achievements and prospects.The Stalinist model was almost...
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The mechanism and dynamics of the recent economic developments in Poland determine the mechanism and the implementation methods for adjustment programmes and stabilization policies. The syndrome of crisis phenomena in Poland is composed of three planes: systemic, structural and political. One must...
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