There are diverse ideas about governance around the world, and this paper studies them through the following questions: (a) what does the available evidence tell us about the political and institutional requirements for sustained economic growth? (b) What do we need from the state to secure...

Books reviewed: V.E. Bonnell and T.B. Gold (eds.), The New Entrepreneurs of Europe and Asia. Patterns of Business Development in Russia, Eastern Europe and China Gerald A. McDermott, Embedded Politics: Industrial Networks and Institutional Change in Postcommunism

Many of the states of the former Soviet Union have experienced a dramatic collapse of output during transition, which has not yet been reversed in a sustainable way. The economics of disorganization, proposed by Blanchard (1997) and tested empirically by Blanchard and Kremer (1997), reasons that...

Ukraine became independent in 1991 and formally abandoned central planning. But the development of market methods of input supply and product distribution was impeded by continuing price distortions and the survival of various methods of administrative commodity allocation from the central...

This paper reports on the situation in Russian higher education since the start of transition, and presents a case study of the finance and budgetary arrangements at the University of Tomsk in some detail. It then illustrates some aspects of the situation in Tomsk with reference to four...

Property relations and financial markets are key aspects of the transition to a market economy. This paper reviews conceptual analysis and recent experience in these areas under five broad headings: (1) property rights and the legal framework; (2) privatisation; (3) the management and regulation...

Books reviewed: Vladimir Gimpelson and Douglas Lippoldt, The Russian Labor Market. Between Transition and Turmoil G.A. Cornia and R. Paniccia, The Mortality Crisis in Transitional Economies Giovanni Andrea Cornia and Vladimir Popov, (eds.) Transition and Institutions: The Experience of Gradual...