This book, a third edition, has been significantly expanded and updated. It revisits the process of institutional change: its characteristics, determinants and implications for economic performance. New chapters address the significance of Post-Communist transition, the differences and...

This significantly expanded and updated edition revisits the process of institutional change: its characteristics, determinants and implications for economic performance. New chapters address the significance of Post-Communist transition; the differences and importance of initial conditions in...

Introduction. And yet the Twain Meet: Great Convergence brings the East closer to the West -- Great Divergence and the Rise of the West -- Great Convergence and the Rise of the Rest -- The Great Convergence and Globalization: How the Former Colo-nies Became the World Economic Locomotives --...

1. Introduction: The journey begins -- 2. Central and Eastern Europe: A brief history of trade between 1945-1989 -- 3. The Fall of the “Iron Curtain”: Can the Central and East European Countries (CEECs) Face the Challenge of Trade-Restructuring and Integration? -- 4. CEECs and EU in Trade...

Economic growth across countries during the last 30 years or so has displayed 'dual' divergence between developed and developing countries, and among developing countries. The structural transformation has been either slow or of an anomalous nature. The study addresses these and suggests how...

This book collects selected articles addressing several currently debated issues in the field of international macroeconomics. They focus on the role of the central banks in the debate on how to come to terms with the long-term decline in productivity growth, insufficient aggregate demand, high...

This book provides an interdisciplinary account of how technological advances - mainly in the domains of energy and transportation - contribute to the transformation towards a more sustainable economic system. Drawing on methods from engineering, the management sciences and economics, which it...

This book examines the role of experts and expertise in the dynamics of globalisation since the mid-nineteenth century. It shows how engineers, scientists and other experts have acted as globalising agents, providing many of the materials and institutional means for world economic and technical...