Abstract
Property rights are a basic tenant of a free market economy, and when these rights are in jeopardy from crime and corruption,a free market system falters. The European Bank for Reconstruction and Development (EBRD) and theWorld Bank have developed a methodology to study transition economies. The Business Environment and Enterprise Performance Survey (BEEPS II 2002) has gathered on a variety of topics from23 transition economies. This paper uses the BEEPS data to examine the perceptions of Corruption and State Capture in Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan.
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