With special reference to the steel industry, this article draws upon a politicalinstitutional perspective to examine the progress made in the most recent round of state-enterprise reform in China - the introduction of the Modern Enterprise System and Group Company System. This reform programme...

This exploratory investigation relates traditional theories on resistance to change to privatization of the Romanian economy. The authors identified several "inhibitors" which have served to stall Romania’s attempts to achieve a free-market economy. While a lack of practical training in...

Social capital is a valuable resource that can be raised and destroyed, and its level in society is path dependent and related to society's "collective memory" of experience with power structures. Social capital is found both on the network as well as society levels, and a relation between these...