economies (including China, Vietnam and Mongolia). It is argued that the former (the collapse of output during transition) can …

regressors commonly used in the growth literature, we find that measures of services policy reform are statistically significant …

Our main interest is the impact of the choice of the speed of economic reform on economic growth. We estimate a system … of 3 equations where economic growth, economic reform and FDI are jointly determined. We find that new reforms affect … economic growth negatively but attract FDI, whereas the level of past reform leads to higher growth. This means that the …

We investigate the effects of economic crises on the subsequent economic performance, economic reform, democratization … economic reform, economic growth and, with a delay, on investment and institutional change. Episode of high inflation, moreover …, translate into lower subsequent inflation. Crises thus appear to serve as catalysts of reform and institutional change and lead …

confronting these economies, the reform strategy that was proposed, and the associated controversies that arose a decade ago. We …