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Disorganization or self-organization? : the emergence of business associations in a transition economy

Author: Francesca Recanatini; Randi Ryterman; World Bank. Europe and Central Asia Region. Poverty Reduction and Economic Management Unit.
Publisher: Washington, D.C. : World Bank, 2001.
Series: Policy research working papers, 2539.
Edition/Format:   Print book : International government publication : EnglishView all editions and formats
Database:WorldCat
Summary:
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  Read more...
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Additional Physical Format: Online version:
Recanatini, Francesca.
Disorganization or self-organization?
Washington, D.C. : World Bank, 2001
(OCoLC)647691298
Material Type: Government publication, International government publication, Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Francesca Recanatini; Randi Ryterman; World Bank. Europe and Central Asia Region. Poverty Reduction and Economic Management Unit.
OCLC Number: 46700389
Notes: "January 2001"--Cover.
Description: 31 pages ; 28 cm.
Series Title: Policy research working papers, 2539.
Other Titles: Emergence of business associations in a transition economy
Responsibility: Francesca Recanatini and Randi Ryterman.

Abstract:

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.

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