The hypothesis of convergence, interpreted as a univocal transition towards a market economy without adjective, i. e. as a determinist trend facing possible obstacles or delays, appears clearly wrong in the light of the experience of post-socialist economic change. The latter is rather a complex...

In the 1990s, institutional and evolutionary economics emerged as one of the most creative and successful approaches in the modern social sciences. This timely reader gathers together seminal contributions from leading international authors in the field of institutional and evolutionary...