This paper analyses the efficiency effects of the farm restructuring process in Central and Eastern Europe. We develop a theoretical model on how reforms, which are typically implemented in the process of the transition of a communist system to a market economy, would affect production...

This paper explores the role of media in economic development. In particular, we seek to outline the conditions under which the media contributes to the successful adoption of policies aimed at economic progress. Our core thesis is that successful economic development requires the coordination...