Strategic services play a pivotal, but largely unrecognized, role in the early growth and development of market economies. The failure to appreciate their importance at early stages of development has led to the selection of policies which often fail to support the growth of service industries,...

A critical lesson to be learned from developed market economies is that strategic services are at the core of an efficiently operating market system. Paradoxically, in transitional economies striving to create a private market structure, services tend to be the least developed, least...

Rising affluence in major developing countries (principally China and India) and increasing diversion of agricultural resources for energy production (USA and Brazil) sharply increase agricultural resource demand. Food consumption and production changes during development are analyzed using...

Per capita food consumption measured in cereal equivalents follows a well-defined path relative to income in market economies; non-market economies, however, exhibited a very different relationship prior to transition. As part of the transition process, these countries must now remove the...

A major economic mystery of the 1990s is why the transition to market-based systems has been so difficult. Key strategic services such as financial, legal, and accounting services are relatively deficient in transitional economies due to decades of being supplanted by the command structure....

In this paper we discuss health care provision in developing countries within a two-track framework of public-private cooperation. China is presented as a case study to illustrate the difficulties facing a developing country that adopts a market-driven health care strategy in the context of...

This paper is a case study of China’s recent reforms in hospital accounting. We analyze the Chinese health care system in transition to highlight the changing role and nature of accounting services before and after the recent reforms. Prior to reforms, the accounting system provided data...