This paper examines how skill-biased growth can generate economic fragmentation (income dis-parities) that give rise to social fragmentation (the adoption of increasingly incompatible social identities and values), which generate political fragmentation (the adoption of increasingly incompatible...

This paper examines how skill-biased growth can generate economic fragmentation (income disparities) that give rise to social fragmentation (the adoption of increasingly incompatible social identities and values), which generate political fragmentation (the adoption of increasingly incompatible...

Management of capital inflows has unexpectedly become a major challenge in transition economies. These countries were expected to have an insatiable demand for foreign capital, and an excess demand for capital inflows was, therefore, predicted by most observers. Foreign investors are also known...

This paper hypothesizes that one of the most important reasons behind the prevalence of these distinctive Central European characteristics lies in the fact that economic and political institutions are interconnected differently in this region. After briefly summarizing the most important...

Social science, like all other sciences, is supposed to explore the substance below the surface of things. However, populism discourse in general is stuck on the surface, focusing on style, outlook and appearance.