This paper examines the effects of the collapse of the communist regimes of Eastern Europe on economic reform in developing countries within a framework earlier developed by Albert O. Hirschman (1964). It is shown that countries relying on help from Eastern Europe, socialist developing...

This paper analyzes empirically the relationship between the structure of property rights and economic growth. Two aspects of property rights are taken into consideration: the degree to which property is state owned and the presence of arbitrary seizure of property. The variable measuring state...

In the context of the literature on the sequencing of reform, this paper reviews the evidence of a range of studies and draws out the lessons and implications for developing economies contemplating economic policy reform. Three questions form the core of this assessment. First, are there...

Trade related investment measures (TRIMs) refer to a set of conditions which are often applied to multinational enterprises. The most common TRIMS are local content requirements, minimum export requirements and local equity requirements. This article evaluates the use of these and other...

The role of international trade in industrialization and the impact of foreign trade regime on macroeconomic performance has been a source of lasting controversy over the postwar period. Th is paper analyzes the experience of forty-one less developed countrie s, some of which have followed...