Jan 19, 2012

On Kiev's Black Money Markets

PERG's very own Vera Asenova discovers how restricted markets can still lead to an increase in Pareto efficiency... well, through the good old black market. Read more about her money exchange adventures in Kiev, Ukraine on her blog.

(Reuters) People waiting for Vera to approach them with euros, in front of a Kiev exchange.


Vera Asenova said...

That is exactly where the exchange took place :)

justin albert said...

Hi, interesting post. I have been wondering about this topic, so thanks for posting. I’ll definitely be subscribing to your site. Keep up the good posts

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