This book examines current theories of institutional change. The chapters highlight the limitations of these theories. Instead a model emerges of contemporary political economies developing in incremental but cumulatively transformative processes. (Provided by publisher)

The rise and fall of public enterprise: the framework / Pier Angelo Toninelli -- The decline of state-owned enterprise and the new foundations of the state-industry relationship / Nicola Bellini -- The performance of state-owned enterprises / Yair Aharoni -- The role of the state in economic...