Literature on post-socialist transformation usually deals with the political, economic and social sides of it, although there have also been important changes in the field of technical advance in the last 20 years. One of capitalism's main virtues is the strong incentive it gives to dynamism,...

Takings jurisprudence is engaged in a constant paradox. It is conventionally portrayed as chaotic and muddy, and yet attempts by the judiciary to create some sense of order in it by delineating the field into distinctive categories that each have a different set of rules are often criticized as...

The literature on business lobbying has shown that firms increasingly extend their interest representation activities from the domestic to the European level. Consequently, over the last 20 years, individual firms have become influential political actors in Brussels. Yet, after nine years of...

In recent years, comparative economics experienced a revival, with a new focus on comparing capitalist economies. The theme of the new research is that institutions exert a profound influence on economic development. The authors argue that, to understand capitalist institutions, one needs to...

This paper presents an empirical account of the diversity of regulatory developments over the past fifty years, and provides a theoretical framework for understanding this diversity. We build upon the "varieties of capitalism" and the "regulatory capitalism" literatures which provide methods for...

We scrutinise in this paper the systemic consequences of state intervention triggered by external shocks for the dynamics of investment in the transforming Chinese economy. Our analysis focuses on the period before and after the global crisis. We interpret investment dynamics in a comparative...

Spanish Abstract: Esta reflexión fue escrita para cuestionar el fallo de la Sala Constitucional de Costa Rica sobre la constitucionalidad de un proyecto de ley denominado Ley de Fortalecimiento de las Finanzas Públicas.1 El fallo se fundamentó en algunos estudios económicos del Ministerio de...

Economic reforms face a collective action problem: they trigger the reaction of groups that expect significant losses, while the anticipated gains are often dispersed across the population and too uncertain to animate strong popular support. This pattern may exhibit different characteristics in...