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Journal: Communist and Post-Communist Studies
Communist and Post-Communist Studies (2005) 38 (3): 309–327.
Published: 14 July 2005
...Carolyn L. Hsu This paper explores the role of favor exchange practices—Chinese guanxi and Russian blat —on investment and entrepreneurship. In both societies policies which supported marketization were undermined by actual institutions, including an insufficient legal structure for enforcing...