Abstract As well interventionist as ordo-liberal strategies have a long tradition in German economic policy. Interventionism is not only supported by Keynesian economics but also by the neo-classical approach. In contrast to the common view in neo-classical mainstream - as comparative-static...

Abstract The transformation of former socialist economies in Central and Eastern Europe is a still continuing long-term process. Since explanations and political recommendations by mainstream economics have not been sufficient, research on methodology and theory of transformation is necessary...

A few years ago North Korea took the first steps to reform its economic system. These reforms have been characterised by the introduction of some basic monetisation into the economy and reduction of the role of government in setting prices and controlling the distribution system. The changes in...

As the Estonian experience with local taxes has turned out in the last decade small rural municipalities have not been able to profit from the right to collect local taxes. Tax collecting and administrative costs have been too high. Therefore the local administrative system did not succeed and...