Support for economic reforms has often shown puzzling dynamics: there are many examples of reforms that started off successfully but nevertheless lost public support, and vice versa. We show that learning dynamics can rationalize this apparent paradox, the reason being that the process of...

Following the collapse of planning, new small and medium-sized firms rapidly emerged in all transition economies. Using firm level data, we investigate the interaction between the widespread opportunities for new business activities such firms faced and their business environment. The business...

Growth empirics with institutional measures is performed for 25 transition countries overthe period 1990-95. Estimation results suggest that (particularly state) institutions aresignificant for growth and, especially, foreign direct investment (FDI), the latter in turnbeing important for the...

Growth empirics with institutional measures is performed for 25 transition countries overthe period 1990-95. Estimation results suggest that (particularly state) institutions aresignificant for growth and, especially, foreign direct investment (FDI), the latter in turnbeing important for the...

Following the collapse of planning, new small and medium-sized firms rapidly emerged in all transition economies. Using firm level data, we investigate the interaction between the widespread opportunities for new business activities such firms faced and their business environment. The business...

1989 was described as lsquo;annus mirabilis', and its revolutions hailed as one of the great moments in human history. In subsequent years, the re-emergence of war, genocide and terror led to re-interpretation: Europe became a dark continent, the 20th century its darkest hour. Was 1989 merely a...

This paper reviews the situation in the agricultural sector and food security in Cuba and in particular the transformations that have (not) taken place since 1990. We compare the Cuban transition with transitions in other “transition countries” and show that Cuba does not fit easily in one...

One of the consequences of the post-socialist transformation of Eastern and Central Europe and the Former Soviet Union is the emergence of energy poverty, a condition where households are living in inadequately heated homes. This paper examines the institutional and demographic underpinnings of...

In this paper, I argue that religion matters for the emergence of democracies and dictatorships. Religion is defined as demand for public goods. Different types of religious collectives reflect different tradeoffs between centralized resource distribution and market rewards. Religions are...