The global low-carbon energy transition will require major changes to institutional practices and energy industry paradigms with implications for society writ large. A country’s existing institutional pattern inevitably shapes the transition, and helps or hinders its progress. This is perhaps...

В статье рассматриваются итоги рыночных преобразований российской экономической системы. Анализируются данные социологического опроса населения России,...

The scientific paper deals with the transformation of proprietary relations as an objective process, its essence, forms and character. The property right is shown as a basis of market functioning and the market can''t operate without it. The advantage ofprivate property in comparison with the...

This paper determines the effect of market reform and price decontrol on the size of maize milling/retail margins in South Africa. Regression models of monthly milling/retail margins are run over the period May 1976 to September 2003. To assess the robustness of our findings, we estimate several...

This paper argues that, despite important productivity gains, reforms have benefited consumers much less than expected in El Salvador. Antitrust legislation, consumer protection and an adequate regulation of privatized utilities are central ingredients of a successful market economy. Major...

Electricity as well as gas or refined petroleum products exemplify a significant part of the consumer basket of European households and companies. As energy products are important inputs of nearly all final goods and services, any change of energy prices has a direct impact of the general price...