This book provides an evaluation of the intellectual development of Gunnar Myrdal, emphasizing his methodology, his beliefs about economics and the role of economists in modern society. Special attention is given to Gunnar Myrdal’s development as an institutional economist and how this...

Foreign Direct Investment (FDI) in China over the past 25 years has increased faster than in any other economy. The net impact upon the Chinese economy appears to be highly favorable. A major portion of that FDI has been made by overseas Chinese, with assistance from a Mainland Chinese ministry...

Examines the main problems plaguing Central and East European nations. Offers an explanation of why orthodox Western policies embodied in the “shock” approach will not be effective for resolving the region's problems. Suggests an alternative perspective and type of economic policy for...

This paper analyzes Poland's economic performance following the introduction of shock therapy as compared to China's performance under its transformation policies. Both nation's economic policies are evaluated within the context of the goals, perceptions and performance criteria selected by...