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.
Jan 19, 2012
On Kiev's Black Money Markets
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1 comment:
That is exactly where the exchange took place :)
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