The budget constraint as a bookkeeping identity is a fundamental concept of standard microeconomics. Clower reinterpreted this concept as a rational planning postulate. The notion of soft budget constraint (SBC), formulated for the first time by Janos Kornai (1979) in the context of a socialist...

This paper aims to take into account the increasing weight of Eastern Europe in European car production. Through the product life-cycle theory and the Dunning model, recent foreign direct investment and the location of new plants are seen as new steps in enlarging the productive space of...

With the enlargements of the European Union in the East in 2004 and 2007, the regional economic disparities increased profoundly and an effort of solidarity between states was necessary. This paper proposes to identify between the explanatory factors at the origin of the uneven distribution of...

The purpose of this study is to analyse the genesis and the evolution of the econom­ ics of shortage in Janos Kornai's writings from 1980 (the date of publication of Economics of Shortage) up to 1996 (the date of publication of the trench edition of The Socialist System, the Political Economy...

This note is about Mathilde Maurel's work on the efficiency of the European regionalism both in the aftermath of the First World War and the demise of the Austro-Hungarian empire on the one hand, and the disintegration of the Soviet bloc after 1989 on the other hand.

Russian companies heirs of Soviet enterprises are not Western-style companies, a significant difference is that they represent the basic structures of social life in the USSR : cells. The Soviet cellular system itself has deep roots in the history of Russia. The principal social structure of...