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Seize the state, seize the day: state capture and influence in transition economies

✍ Scribed by Joel S Hellman; Geraint Jones; Daniel Kaufmann

Book ID
116619374
Publisher
Elsevier Science
Year
2003
Tongue
English
Weight
258 KB
Volume
31
Category
Article
ISSN
0147-5967

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## Abstract The inflows of foreign direct investment (FDI) in transition economies are affected by political factors. This paper examines the empirical effects of two factors: (i) the level of economic reform; and (ii) the level of β€˜capture’ of the state by political and economic elites, on the lev