Showing 1 - 2 of 2
institutions in selecting R&D projects (including for both imitation and innovation). Financial development is regarded as the … effective for innovation. However, this regime requires more decentralized decision-making, which in turn depend on contract …
Persistent link: https://www.econbiz.de/10010745283
Despite large falls in output in the FSU, rather than firing workers, workers were subjected to long spells of unpaid leave or non-payment of wages (wage arrears). Wage arrears is a significant problem in the countries of the FSU, particularly in light of price liberalization on most goods and...
Persistent link: https://www.econbiz.de/10010745674