This book offers insights into the process of economic reform in developing countries. It is organized around three factors that are critical to the success of any reform. According to Nobel Laureate Amartya Sen, these key dimensions are Reach, Range, and Reason. "Reach" refers to the ability of...

The main theme of this study is the political economy of policy reform in less developed countries and post-socialist countries. Given the complexity of economic development and transition, Joachim Ahrens views failures in policy reform, poor public sector management, rent-seeking, corruption,...

Recommended readings (Machine generated): A.B. Atkinson (1997), 'Bringing Income Distribution in from the Cold', Economic Journal, 107, March, 297-321 -- Oded Galor and Joseph Zeira (1993), 'Income Distribution and Macroeconomics', Review of Economic Studies, 60 (1), January, 35-52 -- Abhijit V....

During the 1990s over two dozen countries in Europe and Asia underwent a transition from centrally planned to more market-oriented economies. In Constructing a Market Economy, Richard Pomfret reviews their diverse experiences and assesses the outcome of transition in each case. The book includes...

Since 1986 Laos has been engaged in radical reform designed to transform its repressed socialist economy into a market economy open to international trade and investment. The Economics of Transition in Laos analyses the successes and failures of economic transition in the context of the...

Research suggests that innovation and technological change are crucial for the economic recovery of the former centrally planned countries in Central and Eastern Europe. This book analyses the development of innovation systems and technology policy in this region from various perspectives,...

Following German reunification in 1990, East Germany's centrally planned economy was abolished and replaced by West Germany's social market economy. Western Germany has since provided vast financial support to aid the transformation, and enable eastern Germany to catch-up with western Germany's...