After satisfactory performance of the transition countries in 2000, their growth slowed down in 2001 as the external conditions deteriorated. This tendency was checked in the second half of 2002. Industrial production and exports have generally strengthened since then - though in some countries...

This study does not call for any changes of emphasis regarding the political climate in nowadays Hungary. I am still convinced that the main trouble lies in the replacement of democracy by autocracy. What I set out to do here is to augment the conclusions made already, by reviewing the events of...

The Indian growth spurt of the 1980s has led DeLong (<CitationRef CitationID="CR6">2003</CitationRef>), Rodrik & Subramaniam (IMF Staff Papers 52(2):193–228, <CitationRef CitationID="CR38">2005</CitationRef>) and Kohli (Economic and Political Weekly 41(14):1361–1370, <CitationRef CitationID="CR18">2006</CitationRef>) to question the need for market reforms in the 1990s and the supporters of liberalization to argue that it...</citationref></citationref></citationref>

The scarcity of educated and experienced managers and the path dependency influence the corporate governance of the post-communist enterprises. Using the standard microeconomic tools, the paper investigates the possible similarities between the old "command economy management" and the behavior...

This paper looks at the Austrian School of Economics from the subjectivist perspective. It begins by reviewing the major architects in the Austrian School, Carl Menger, Ludwig von Mises, Friedrich A. Hayek, Murray N. Rothbard, Ludwig M. Lachmann and Isaac M. Kirzner. The paper then elucidates...