Policy complementarities have often been overlooked in transition economies, leading to the exclusion or partial adoption of reforms. This paper examines the key determinants of successful transition strategies, and concludes that an approach exploiting complementary relationships and...

The year 2018 marks 40 years of reform and development in China (1978-2018). This commemorative book assembles some of the world's most prominent scholars on the Chinese economy to reflect on what has been achieved as a result of the economic reform programs, and to draw out the key lessons that...

Intro -- Contents -- Acronyms -- Tables -- Acknowledgments -- Introduction -- Part 1: An Institutional Approach to Eastern Europe's Transition -- 1. Party and State Institutions in Dual Transformations -- Part 2: Economic Reform in Communist Hungary, 1979−89 -- 2. Macroeconomic Stabilization...