of trade with China became less friendly. Today, GDP in North Korea is reportedly lower than in 1990, notwithstanding a …

Consensus”, with regard to transition reforms and economic policies in China and Russia. The primary purpose is to evaluate the … Stiglitz perspective in the light of empirical evidence, including the experience of countries outside China and Russia …. Although some of the points Stiglitz makes are important for understanding what has happened in the transition, this paper …

of the State in production and macroeconomic policies. It examines the institutional changes needed in the transition …

institutions has for law reform and the role of the state in the economy. The main question asked is whether regulation has a … uniform role in all reform contexts or whether there is a difference between the roles for law in the transition to a market … economy as opposed to the promotion of general development. While transition, it is suggested, requires a more limited role …

Christoph Michael Hindermann uses a statistical approach to analyze the impact of economic freedom on state legitimacy … to the field of institutional economics but also enriches the debate on how a legitimate state ought to be. Contents The …