Much of the political economy analysis of reform focuses on the conflict of interest between groups that stand to gain or lose from the competing policy proposals. In reality, there is also a lot of disagreement about the working of the policy: in addition to conflicting interests, conflicting...

Nach sechs Reformjahren unter Gorbatschow wurde nicht nur von der politischen Führung anerkannt, sondern auch von den Durchschnittsbürgern verstanden, daß die früher gehaßte kapitalistische Wirtschaft viel effektiver als das sozialistische Plansystem funktioniert. In diesen Jahren wurde...

The long road from capitalism to capitalism the Eastern European economies have made has been paved with many economic problems, but the transition from a command economy into a market economy is likely to become a bumpy ride as well. Apart from the major real economic reforms that have to take...