The Theory of Reform is a comparatively new branch of economic theory that studies processes of purposeful change of economic institutions. In the paper, we outline corresponding problems, and present some of the most important results of the Theory of Reform. Sources of reform costs as well as...

This study explores a problem of elaboration of a Manual For Reformers to facilitate planning and realization of efficient transformations of economic institutions. The first attempt to create such a manual, so called «Washington Consensus», is analyzed in detail. An alternative system of...