Since 1990, countries in emerging Europe and Central Asia have undergone comprehensive economic transformation. These reforms helped achieve an impressive degree of income convergence toward the levels of the advanced economies, although at the cost of rising inequality and lower life...

The qualitative and granular nature of most structural indicators and the variety in data sources poses difficulties for consistent cross-country assessments and empirical analysis. We overcome these issues by using a machine learning approach (the partial least squares method) to combine a...

This book and its companion volume offer a better understanding of the lessons that Indian policymakers can learn from China's economic experience over the last 40 years. The aim of the two books together is to evaluate China's incremental reforms and how these reforms have impacted on the...

Practices of economic reform and development of economics in China -- Political-economics analysis of Chinese economic model -- Theories and practices on socialist market economy -- Logic of gradual reform in China -- Market failure does not constitute the basis for existence of the state-owned...

This book delivers a thorough and essential analysis of current economic policy, transformation and legislative changes in Libya. The authors answer many questions about Libya's distinctive society and economic system and explain the necessity for the major restructuring of the Libyan economy...

Der Boom ist plötzlich und fast wie ein Geschenk des Himmels über Deutschland gekommen. Und es dürfte ihn eigentlich gar nicht geben: Er widerspricht allen gängigen Vorstellungen. Denn nicht die expandierende Weltwirtschaft, staatliche Konjunkturprogramme oder niedrige Zinsen treiben ihn an....