Русский: Трансформационный кризис представляется результатом активного применения неоклассической модели трансформации, и для выхода из него требуется...

Russian. В работе расматривается отношение неоклассической экономики и альтернативного подхода – Другого канона. Показывается, что неоклассическая экономика с...

The monograph is devoted to use of distributed and parallel calculations in MATLAB interface. The technology is approved on standard problems of linear algebra. The industrial approach for identification of mathematical models of difficult systems on the basis of MATLAB parallel technics is...

Serbian. У овом одељку разматрају се опште карактеристике националне економије. У првом делу приказан је њен историјски развој, који је обухватио привреду у...

Any legislative framework is likely to generate different institutions or norms of behavior which the legislator occasionally could have never foreseen. I suggested a general pattern, on which inefficient, if stable, norms or institutions called institutional traps would form.

We discuss the typical mistakes in carrying out reforms that promote redistributive activities and give rise to redistribution cycles; each cycle includes the stages of reform, stabilization and recovery. We provide arguments that show that a possible way out of the institutional backwardness...

This paper will focus on how the transition in China differs from that of USSR in terms of the Big Bang (shock therapy) and the Gradualist approach. While many econometric studies show that nations which apply both shock therapy and or gradualism end up at the same point, making the debate...

The theory of institutional traps, i.e. ineffective but stable institutions or behavior norms, is develope din connection with economic reforms. Mechanisms are described that cause a system to get into a trap and ways of going out of it are analyzed. Concepts of transformation costs and...

The formal comparison of similarities and differences of Chinese and Western economic models misses the most important point. The uniqueness of China is that it looks very much like a developed country today in terms of institutional capacity of the state, even though it is a developing country...

Understanding the degree and evolution of competition across industries is an important step towards understanding the impact of economic reform and competition on economic growth in Vietnam during the economic transition. In this paper, we investigate evolution of competition in Vietnam during...