1. Introduction / Uwe Becker -- 2. Institutional change in the BRICs, Eastern Europe, South Africa and Turkey, 1998-2008 / Uwe Becker -- 3. The evolution and contemporary manifestations of Sino-capitalism / Christopher A. McNally -- 4. Continuity and change in Indian capitalism / Surajit...

"In the past ten to twenty years the global political economy picture has dramatically changed with the emergence of the economies of Brazil, Russia, India and, notably, China (BRICs) as big players and competitors of the advanced economies in the West and Eastern Asia. The book comparatively...

With increasing frequency, the IMF has assisted middle-income countries, especially emerging economies, in adopting the types of budget reforms that have been introduced in many Organization for Economic Cooperation and Development (OECD) countries - reforms that emphasize performance and...

"This paper analyzes fiscal adjustment by reviewing the cross-country experience of the Organization for Economic Cooperation and Development (OECD) or mature economies, and the emerging market economies during 1970-2002. We find that initial conditions, composition, and timing of adjustment...