Disorganization or self-organization?
By: Francesca Recanatini and Randi Ryterman.
Contributors: Ryterman, Randi.; World Bank. Europe and Central Asia Region. Poverty Reduction and Economic Management Unit
Series: Policy research working paper ;; 2539; Policy research working papers (Online) ;; 2539.
Publisher: World Bank
Published: 2001
Place of publication: Washington, D.C
Language: eng
Format: Electronic resource
Subjects: Trade associations -- Russia (Federation)
Other titles: Emergence of business associations in a transition economy
Description: The transition from plan to market provides a rare opportunity for insight into the endogenous development of economic institutions. Economic activities during the Soviet regime were coordinated by a central authority. These coordinating mechanisms were disrupted during the transition period, leading to an increase in the transaction costs for firms. Many researchers emphasize the negative impact of this 'disorganization' on output behavior at the beginning of transition. This paper examines one of the key institutions that have emerged spontaneously in an environment characterized by widespread 'disorganization'. It documents the emergence of business associations at the beginning of transition and provides evidence that these new coordinating institutions mitigated the initial output decline.
Notes: Includes bibliographical references (p. 28-29).
Title from title screen as viewed on Sept. 19, 2002.
"January 2001"--Cover.
Also available in print.
Mode of access: World Wide Web.