The quest for an appropriate development and transition strategy in less developed countries (LDCs) and post-socialist countries (PSCs) has been studied for a long time, and it has been subject to numerous controversies among academics and development practitioners alike. Disputes have existed...

After the fall of state socialism about two decades ago, democracy and market economies were assumed to diffuse worldwide. However, the American financial crisis of 2008, leading to a worldwide economic crisis caused increasing criticism of capitalism. As laissez-faire capitalism, Keynesianism...

Introduction / Bourguignon, Bussolo, Pereira da Silva -- Chap. 1: Winners and losers from trade reform in Morocco / Lokshin and Ravallion -- Chap. 2: A micro-macro assessment of the poverty impacts of the Doha and FTAA agenda for Latin America / Bussolo, Lay, van der Mensbrugghe -- Chap. 3:...