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The Invisible Hand and the Grabbing Hand
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The Invisible Hand and the Grabbing Hand
The Invisible Hand and the Grabbing Hand
Journal Article

The Invisible Hand and the Grabbing Hand

1997
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Overview
At issue is why, despite similar reform packages, the Russian entrepreneurial response has been weaker than the Polish entrepreneurial response. Using a pilot survey of shop managers conducted in Moscow and Warsaw in the spring of 1996, it is argued that a key reason for this outcome is that there are very different relationships between government and business in the two countries. In the survey, questions were asked about the legal and regulatory environment in both cities. It was found that the regulatory, and to some extend the legal, environment is a good deal friendlier to business in Warsaw than in Moscow.