Paper at a Glance
- The link between business associations and economic growth in the transitional economies of Central and Eastern Europe is re-examined through the prism of new institutional economics.
- By promoting a better business climate, market-enhancing business associations can help to build the foundation for economic growth.
- The Center for International Private Enterprise’s (CIPE) seven-step reform agenda process is a powerful tool for advancing business associations’ participation in policy making.
- Case examples from CIPE programs in Romania and Russia illustrate how associations can solve the collective action problem.