Twenty-five years after the collapse of the Soviet Union, we reflect on contemporary teaching of undergraduate comparative economic systems (CES). Using qualitative and quantitative measures, we consider how the field responded to the collapse by examining CES textbooks from the 1980s, 1990s,...

The paper provides a systematic comparison of the Eurosystem, the US Federal Reserve and the Bank of Japan. These monetary authorities exhibit somewhat different status and tasks, which reflect different historical conditions and national characteristics. However, widespread changes in central...

Globalization and an increasing importance of knowledge in the production process cause many developed countries to move from a more 'managed' to a more 'entrepreneurial' economy in recent decades. In the former type of economy, large and incumbent firms play a dominant role, exploiting...