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 large centrally planned segment and a market segment. The transition …

rates of European transition economies. We used the testing procedure of Vogelsang (1997) that allows for detecting a break … monetary authorities indeed brought about a structural break in exchange rate behavior. In more stable transition economies …

, politically and economically strong conglomerates in transition and developing countries. The model predicts that oligarchs are …

sequence of institutional, macroeconomic and monetary reform aimed at achieving a stable transition. An egalitarian … reforms if the transition process is to achive the goals of efficiency and equity. The paper is to be published in the Cato …

annum. Transition, typically identified as “starting” in 1986, was a relatively painless affair of structural adjustment and … planning model in the ten years after 1976 became a virtue for transition. The social consequences of transition were due to …