Over the past decade and a half Axel Leijonhufvud has written extensively on monetary regimes and their connection to nominal and real economic performance. Monetary regimes are important because they determine whether countries follow stable or unstable monetary policies and hence have stable...

Chapter 1: Introduction - European Comparative Economic Studies: Thirty Years After -- Part 1: Political Economy in Comparative Studies -- Chapter 2: The political economy of socialism revisited -- Chapter 3: The development of thinking on the Czechoslovak economic transformation -- Chapter 4:...

This book is written in honor of Horst Brezinski and explores a wide and diverse range of topics related to comparative economic studies. Containing contributions from a number of former Presidents of the European Association for Comparative Economic Studies, the chapters discuss the hard budget...