An extensive program of economic liberalization reforms, even when it generates positive outcomes, does not automatically generate support for further reforms. Societies respond with strong support only after experiencing the effects of reversing these reforms (i.e. corruption, inequality of...

Based on first-hand account, this paper offers evidence on price setting and price adjustment mechanisms that were illegally employed under the Soviet planning and rationing regime. The evidence is anecdotal, and is based on personal experience during the years 1960–1971 in the Republic of...

Most comparative research suggests that immigrants from post-socialist countries earn less than natives, work in jobs for which they are overqualified, and may experience unhappiness compared with natives, other immigrants, and non-migrants. In contrast, one study presents causal evidence which...

Very little is known about gender wage disparities in Kosovo and, to date, nothing is known about how such wage disparities evolve over time, particularly during the first few years spent by young workers in the labor market. More generally, not much is known about gender wage gaps in early...

Die deutsche Sozialpolitik steht vor enormen Herausforderungen. Die gesetzlichen Renten-, Kranken- und Pflegeversicherungen stehen nicht zuletzt wegen des absehbar starken demographischen Wandels unter Druck. In Zukunft werden immer mehr Leistungsempfängern immer weniger Beitragszahler...

This paper aims to review the factors inducing China's successful economic transformation, so as to find the causes of the subsequent economic slowdown, from the New Institutional Economics (NIE) viewpoint and the Marxian viewpoint, respectively. The former school is primarily concerned about...

Vietnam has gone through massive economic restructuring from a socialist command economy to market-oriented economy. This provides an excellent example of a country that has experienced changes in competition regime. Economic reforms in late 1980s and 1990s and the introduction of...

Syrien steht mitten in einem wirtschaftlichen Reformprozess. Dieser ist notwendig, da die Ölreserven zur Neige gehen, wodurch die Leistungsbilanz stark negativ geworden ist. Gleichzeitig ist die Unterbeschäftigung hoch und das Pro-Kopf-Einkommen stagniert. Subventionen und Zahl der...

This paper evaluates the economic development of China using the New Economic Geography (NEG) as a framework of analysis. The NEG addresses the formation of agglomeration economies accruing to physical linkages in one location leading to the formation of a coreperiphery pattern between the...