This paper investigates the impacts of institutions on the performances of enterprises in Vietnam. The result obtained from the quantitative research method shows that the criteria on institutions do affect the performances of enterprises in Vietnam; while some criteria have positive impacts,...

The macro economic stabilisation in Azerbaijan has been successful. Following cessation of conflict with Armenia, and decline of GDP by 60 per cent from 1990 to 1995, the government in effect implemented a big-bang reform process in 1995. The inflation rate has now declined to the lowest rate of...

Ten Thousand Commandments 2021 surveys the size, scope, and cost of federal regulation and intervention and effects on consumers, businesses, and the U.S. economy at large and otherwise attempts to shine a light on the under-appreciated “hidden tax” of America’s regulatory state. The new...

In this essay, I seek to provide an overview of André Gorz's conception of modern capitalism, considering different moments of his intellectual production. From his initial criticism of the concept of the proletariat between the 1970s and 1980s until his last theoretical work that addresses the...

In his 1962 NBER volume, Growth of Industrial Production in the Soviet Union, Warren Nutter writes about how the study of the Soviet economy was hamstrung by official secrecy and misinformation. Western economists were forced to rely on what Nutter called “Marco Polo economics” or...

Successful investment is the life-blood of any nation's life insurance industry. As such the industry relies heavily on well developed capital markets. In turn, a strong insurance industry can have a substantial and positive impact on capital market development. At the present time, China's...

After the peaceful passing of a referendum that dissolved the Union of Serbia and Montenegro in May 2006, people flocked to the streets to celebrate the establishment of Montenegro as a newly independent republic of about 630,000 people. While still part of the union with Serbia, Montenegro had...

How can we explain the economic endurance of the post-Soviet unrecognized states? Drawing insights from the literature on economic institutions, rentier states, and patron-client relations, this article explores the resource extraction strategies of de facto states via a paired comparison of...

As a transition country, Croatia is confronted with fundamental changes in the segment of capital transactions. These changes are the result of the country's market orientation, of its position in the globalization(integration) processes, but especially of its needs. The limiting framework of a...

The aim is to review transition literature for evidence that supports sequential reform strategy, as presented in this report. The second part discusses the findings in the context of Azerbaijan, a formerly socialist transition economy with interesting initial conditions. Evidence of the...