Transitional economies and corruption

This article summarizes papers presented and discussions held at the recent seminar of the Czech Economic Association. The seminar was devoted to a mu ch discussed issue within transitional economics the impact of corruption o n long-term economic development. The seminar addressed the possible implic ations of recent theoretical and empirical findings related to corruption a nd transitional economies, including measures directed at reducing corrupti on, and the specific features and implications of corruption within the ban king sector.