The institutional reforms towards trade liberalizations in Latin America during the 1980s and the 1990s have introduced a good measure of import competition, but trade policies alone are not sufficient to create a competitive environment in an economy. The countries in Latin America have not had...

This essay originated from the discussions of the role of central plan in an economic system with a functioning market mechanism. Such discussions emerged because of the implementation of the 'New Economic System'in Czechoslovakia. Under the old system, the role of the plan was considered clear...

We consider a small open Harris-Todaro (1970) economy complementing global exposure, informal labour training and the urban unemployment. Workers acquire skills through apprenticeship training in the urban informal sector. The informal employers are motivated to train the apprentices by the...

This paper investigates claims that fundamental policy changes aiming to disengage the state from the economy do not provide appropriate discourse for a new government in a newly democratised state. This view has a lot of support among Stalinist-Marxist scholars who believe that unmaking a...

In this paper we analyse the driving forces of the transition from plan to market in China. A two segments and two sectors model is constructed to take into account the particular economic situation in China during the transition process: a large agricultural sector and an industrial sector; a...

Using a novel data set from post-communist countries in the 1990s, this paper examines linkages between political constraints, economic reforms and growth. A dynamic panel analysis suggests public support for reform is negatively associated with income inequality and unemployment. Both the ex...

This is a paper presented at the East-West economic conference in Plovdiv, Bulgaria, 1964. The paper outlines the main features of price policy in the Soviet-type socialist system of Eastern Europe. All the prices were centrally fixed, with the main aim to achieve planned standard of living for...

This is a brief but critical survey of the life and accomplishments of the Czech economist Ota Sik. He joint Communist Youth organization already before the WWII. During the war, he was in the Mauthausen concentration camp, together with the future secretary of the Czechoslovak Communist Party...

The main objective of this working paper was to look at the economic reforms and there impacts in the Nigeria agricultural sector using some indicators such as the Gross domestic Products, prices of agricultural product,prices of agricultural inputs,effects on poverty, effects on both imports...

The paper starts with a very brief overview of changes in the Czechoslovak economic system after the WWII and especially after the Communist coup d'etat of 1948. There were quite visible socialist features in the post WWII developments, but before 1948 they were more of the West European type...