By focusing on direct monetary incentives, the traditional literature on motivating workers predicts that high-effort outcomes are unlikely unless workers become residual claimants of profit. However, real world employment contracts typically display a low incidence of profit sharing. In this...

Der Transformationsprozess Russlands von einer zentralstaatlich geplanten Volkswirtschaft hin zu einer Marktwirtschaft nach westlichem Vorbild liefert eine aufschlussreiche Fallstudie über die von William Baumol (1990) vertretene These der institutionellen Steuerbarkeit von produktivem...

This paper provides an overview of the economic situation of agriculture in the Republic of Moldova. Emphasis is laid on the natural conditions for production, its structure, trade, as well as the historical development of agriculture and its transition to the market after 1991. -- Moldova ;...

How to revitalise the agricultural sector under the commitments of membership in the World Trade Organisation (WTO) has emerged as a major policy challenge for the Russian government. According to the current State Programme for the Development of Agriculture, a key support channel is via...