The post-1990 period witnessed the adoption of economic reforms by many developing and transition countries. While some countries experienced a single-transition to a free-market system, others underwent a dual-transition to free-markets and democracy. This study examines India and Romania as...

State capitalist analysis-before the Russian revolution, in reaction to Stalin's consolidation of power, and after the Cold War / Vincent Kelly Pollard -- State capitalism versus communism : what happened in the USSR? / Satya Gabriel, Stephen A. Resnick, and Richard D. Wolff -- Labor,...

This paper explores macroeconomic policies that can sustain structural change in China and India. A two-sector open-economy model with endogenous productivity growth, demand driven output and income distribution as an important determinant of economic activity is calibrated to a 2000 SAM for...