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  • Contracts and Property Rights in Countries in Transition  By : Sam Vaknin
    In the early period of transition, contracting was debased by the absence of functioning and impartial judicial and law enforcement institutions. Private enforcement of oft-informal contractual obligations by organized crime or corrupt officials was a growth industry - and not only in derelicts like Russia, Ukraine, Belarus, Moldova, Albania, Bulgaria, or Serbia-Montenegro. It was rife even in paragons of EU rectitude such as Hungary, or in the less exalted Czech Republic.

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