| | | | PROBLEMS OF MODERN ECONOMICS, N 1 (33), 2010 | | | | PROBLEMS OF THEORY AND PRACTICE OF ENTREPRENEURSHIP | | | Khan I. R.
Deputy Director for Economics OAO “Lityi-element” (Saratov)
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| | | The article discusses extralegal costs, which in the Russian economic theory are mistakenly seen as transactional costs. The author shows that their existence may not be explained by the ill consequences of growth in the course of transition of the national economy towards the market. These costs were originally built into economic constructions during privatization and its corresponding legislation | | Key words: institutional economics, transactional costs, extra-legal costs, legalized corruption, non-legal construction | |
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