The East European high-speed rail started in June 2007. It modifies the French and European transportation map and the accessibility of the beneficiary cities. Economic actors in these cities do expect a lot of positive effects: economic dynamism, new firms and population arrival, development of...

The Kyrgyz Republic is a country with transition economy. Its growth performance is constantly one of the lowest compared to other CIS countries. Growth rates reduce due to strong political instability and high corruption level in the country. Despite being leading reformer in the region, the...

Does trade improve institutions and contribute to long run growth? I develop a theory of trade, in which trade liberalization provides incentive to change institutions in two ways. On the one hand, trade leads to specialization according to comparative advantage, expanding the industries that do...