During the current economic crisis recurring questions on the validity of the liberal economic system have resurfaced concerning the role of the state and the free market, the proactive use of fiscal policies, economic nationalism, and environmental sustainability. However, due to the depth and...

This book uses an institutional-evolutionary approach to analyse economic problems associated with developments in capitalism during the second half of the twentieth century. It argues that economics should centre on institutions - the durable fabric of the economy over time. Drawing on the...

Opportunities outweigh adjustment : the political economy of trade with Central and Eastern Europe / R. Faini and R. Portes -- Trade liberalization with eastern nations : how sensitive? / D. Neven -- Comparative advantage and likely trade pattern of the CEEC's / L. Halpern -- France and the...