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This journal focuses on theoretical and policy issues of creating market institutions in previously centrally-planned economies.
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What did the study of the Soviet economy contribute to mainstream economics?(50th Anniversary Essay)(Essay)
March 1, 2009... INTRODUCTION
Economics develops as a result of the application of new techniques, such as game theory or experiments; purely internal developments, for example, the development of imperfect competition theory; attention to long-standing...
Trade, foreign direct investment, and growth: evidence from transition economies.(Report)
March 1, 2009... INTRODUCTION
The experiences of economic transition from a centrally planned to a market-based system in Central and Eastern Europe (CEE) and the former Soviet Union raise two pertinent questions. First, what triggered growth that ended...
Worker mobility within Polish agriculture.(Report)
March 1, 2009... INTRODUCTION
Although hailed as an event that would enhance the world standing of the EU (Kok, 2003), the 2004 enlargement imposed severe strains on many of its ambitions and policies. (1) One notable case in point relates to the agenda...
Fertility, money holdings, and economic growth: evidence from Ukraine.(Report)
March 1, 2009... INTRODUCTION
Declining fertility has reached a below-replacement level in many Central and East European economies and has caused great concern among politicians and social scientists. According to population pessimists, because of the...
Is inflation perceived by Polish consumers driven by prices of frequently bought goods and services?
March 1, 2009... INTRODUCTION
The existence of divergences between economic agents' subjective opinions concerning current price developments and statistical inflation indicators creates a challenge for monetary policy makers. In particular, a gap between...
Impact of derivatives trading on emerging stock markets: some evidence from India.(Report)
March 1, 2009... INTRODUCTION
There is a debate in the literature as to whether stock market development adds to economic growth. (1) Levine (1991) and Bencivenga et al. (1995, 1996) argue that stock market development, which reduces the liquidity risk of...
Masters of Illusion. American Leadership in the Media Age.(Book review)
March 1, 2009... Masters of Illusion. American Leadership in the Media Age
Steven Rosefielde and D. Quinn Mills
Cambridge University Press: New York, 2007, pp. xxvii, 540.
Masters of Illusion is a critique of past and present US foreign policy and...
Institutions and Norms in Economic Development.(Book review)
March 1, 2009... Institutions and Norms in Economic Development
Mark Gradstein and Kai A. Konrad (eds), CESifo Seminar Series
The MIT Press: Cambridge, MA and London, 2007, xv, pp. 234, $30.00, hardcover. ISBN 978-0-262-07284-7.
The central theme...
The New Political Economy of Emerging Europe.(Book review)
March 1, 2009... The New Political Economy of Emerging Europe
Laszlo Csaba
Akademiai Kiado: Budapest, Second edition, 400pp.
More sweeping in its scope than its title or size would reveal, this book reviews and analyses an epochal historic...
Russia's Capitalist Revolution: Why Market Reform Succeeded and Democracy Failed.(Book review)
March 1, 2009... Russia's Capitalist Revolution: Why Market Reform Succeeded and Democracy Failed
Anders Aslund
Peterson Institute for International Economics: Washington, DC, 2007, xxiii + 356 pp., $26.95, ISBN: 978-0-88132-409-9.
Since it is not...
The Institutional Economics of Corruption and Reform.(Book review)
March 1, 2009... The Institutional Economics of Corruption and Reform
Johan Graf Lambsdorff
Cambridge University Press: Cambridge, UK, 2007, pp. 286, index.
Prof. Lambsdorff has given us a magisterial book that thoroughly surveys the comparative...
French Welfare State Reform: Idealism versus New Zealand and Dutch Pragmatism.(Book review)
March 1, 2009... French Welfare State Reform: Idealism versus New Zealand and Dutch Pragmatism
James Angresano
Anthem Press: London, 2007, $80.00, 279pp.
Approaches to the welfare state have evolved from the 'social protection state' paradigm to...
Equality and Economy: The Global Challenge.(Book review)
March 1, 2009... Equality and Economy: The Global Challenge
Michael Blim
AltaMira Press: Walnut Creek, CA, 2005, 243pp, $29.95, ISBN 0-7591-0688-6.
This excellent interdisciplinary book by anthropologist Michael Blim analyses inequality and...
Economic Transition in Central Europe and the Commonwealth of Independent States.(Book review)
March 1, 2009... Economic Transition in Central Europe and the Commonwealth of Independent States
Tomasz Mickiewicz
Palgrave MacMillan: London and New York, 2006, xviii + 214 pp., index. $90.
Tomasz Mickiewicz is an economist of Polish origin...
The Arab Economies in a Changing World.(Book review)
March 1, 2009... The Arab Economies in a Changing World
Marcus Noland and Howard Pack
Petersen Institute: Washington, DC, 2007, $24.95, 313pp.
This book 'provides an integrated politico-economic analysis of Arab economic performance and prospects',...