The paper presents a model of the agro-food system in a transition economy, which shows howthe move from a planned to a market economy affects the production and consumption of goodsand economic welfare. The model is then used to identify two complementary approaches formeasuring the success of...

China's early industrialization created distortions.This paper identifies major distortions in the Chinese economy in the pre-reform era and brings agricultural distortions into perspective.

Six Southeast Asian countries (Cambodia, Lao People's Democratic Republic, Malaysia, Myanmar, the Philippines, and Thailand) defied Gunnar Myrdal's pessimistic prognosis in his 1968 volume, Asian Drama, regarding their prospects for development. In the past half-century, these countries raised...

Six Southeast Asian countries (Cambodia, Lao People's Democratic Republic, Malaysia, Myanmar, the Philippines, and Thailand) defied Gunnar Myrdal's pessimistic prognosis in his 1968 volume, Asian Drama, regarding their prospects for development. In the past half-century, these countries raised...

The paper emphasizes the importance of embedded institutions for the transformation of the agricultural sector and rural economies in the transition countries and identifies and analyses institutional aspects regarding agriculture and rural development common to the transition countries. It...