Современное состояние теории экономических реформ

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 typical mistakes of reform makers are discussed. We develop a general view on a reform as a process of construction of an institutional trajectory that satisfies a number of requirements. Different reform strategies are compared.