001386006 000__ 03449cam\a2200505Ia\4500 001386006 001__ 1386006 001386006 003__ MaCbMITP 001386006 005__ 20240325105018.0 001386006 006__ m\\\\\o\\d\\\\\\\\ 001386006 007__ cr\cn\nnnunnun 001386006 008__ 030512s2002\\\\maua\\\\ob\\\\001\0\eng\d 001386006 020__ $$a9780262279123$$q(electronic bk.) 001386006 020__ $$a0262279126$$q(electronic bk.) 001386006 020__ $$a0585445230$$q(electronic bk.) 001386006 020__ $$a9780585445236$$q(electronic bk.) 001386006 035__ $$a(OCoLC)52222723$$z(OCoLC)532372277$$z(OCoLC)702105531$$z(OCoLC)961625719$$z(OCoLC)962712597$$z(OCoLC)1007396509$$z(OCoLC)1020516902$$z(OCoLC)1053030181 001386006 035__ $$a(OCoLC-P)52222723 001386006 040__ $$aOCoLC-P$$beng$$epn$$cOCoLC-P 001386006 050_4 $$aHF1019$$b.M37 2002eb 001386006 072_7 $$aBUS$$x027000$$2bisacsh 001386006 08204 $$a332/.5$$221 001386006 1001_ $$aMarin, Dalia. 001386006 24510 $$aContracts in trade and transition :$$bthe resurgence of barter /$$cDalia Marin and Monika Schnitzer. 001386006 260__ $$aCambridge, Mass. :$$bMIT Press,$$c©2002. 001386006 300__ $$a1 online resource (xvi, 206 pages) :$$billustrations 001386006 336__ $$atext$$btxt$$2rdacontent 001386006 337__ $$acomputer$$bc$$2rdamedia 001386006 338__ $$aonline resource$$bcr$$2rdacarrier 001386006 506__ $$aAccess limited to authorized users. 001386006 520__ $$aAn institutional approach to explaining countertrade and barter in international trade and domestic trade in transition economies.Difficulties in contract enforcement impede international transactions in the world economy and domestic transactions in transition economies. In Contracts in Trade and Transition, Dalia Marin and Monika Schnitzer explain how barter as an economic institution can facilitate contract enforcement across national borders in international trade and within borders in transition countries. The authors show that international countertrade--tying an export to an import--emerged in the 1980s in response to the international debt crisis when Western creditors refused to finance imports to developing countries and Eastern Europe. Barter--the exchange of goods without the use of money--reemerged in transition economies in the 1990s in response to a domestic debt crisis when banks in transition countries were reluctant to provide finance to firms. Countertrade and barter introduce a deal-specific form of collateral that addresses the lack of creditworthiness of countries and firms.Drawing on contract theory, the authors argue that parties might want to pay in goods rather than cash or link an export with an import as in countertrade to solve incentive problems that otherwise would prevent any trade from taking place. The incentive problems they discuss are the technology transfer problem to developing countries and the "lack of trust" problem in the former Soviet Union. 001386006 588__ $$aOCLC-licensed vendor bibliographic record. 001386006 650_0 $$aBarter. 001386006 650_0 $$aCountertrade. 001386006 650_0 $$aBarter$$zEurope, Eastern. 001386006 650_0 $$aCountertrade$$zEurope, Eastern. 001386006 650_0 $$aInternational trade. 001386006 653__ $$aECONOMICS/Trade & Development 001386006 655_0 $$aElectronic books 001386006 7001_ $$aSchnitzer, Monika. 001386006 852__ $$bebk 001386006 85640 $$3MIT Press$$uhttps://univsouthin.idm.oclc.org/login?url=https://doi.org/10.7551/mitpress/2145.001.0001?locatt=mode:legacy$$zOnline Access through The MIT Press Direct 001386006 85642 $$3OCLC metadata license agreement$$uhttp://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf 001386006 909CO $$ooai:library.usi.edu:1386006$$pGLOBAL_SET 001386006 980__ $$aBIB 001386006 980__ $$aEBOOK 001386006 982__ $$aEbook 001386006 983__ $$aOnline