"Substantially revised and updated, this new edition of a highly acclaimed text is both a guide and a critical analysis. Benefiting from the additional insights

A noted Chinese economist examines the mechanisms behind China's economic reforms, arguing that universal principles and specific implementations are equally im

This paper presents evidence on the behavior of output and inflation in the transition economies during 1992–95. A regression analysis explores the difference

This collection of articles examines the development of one of the most significant economic transformations ever undertaken covering a wide range of countries

Examines the institutional developments in 28 transition economies over the past two decades and concludes that, contrary to popular belief, institutions were n