China, like a number of other antitrust jurisdictions, has a law concerning unfair pricing. This article develops an economic framework for applying the unfair pricing law in China. The framework draws on the experience of courts and competition authorities in other jurisdictions and the...

Spanish Abstract: La organización de la economía actual está representada por el modelo de empresa moderna que permite grandes volúmenes de producción y ganancias para los dueños, pero deteriora las condiciones laborales para quienes sólo aportan su trabajo. Para contender este modelo,...

In a period when the globalisation of the World reveals systemic problems on a global scale, a search for systemic solutions is on the agenda. This paper offers a critical analysis of the five co-ordination mechanisms proposed by Kornai (1992) (bureaucratic, market, self-governing, ethical and...

The North Korean economy has been a statistical black hole for decades but is undergoing substantial transformations. Rapid post-war industrialisation was not sustained beyond the mid-1960s and South Korea’s economy far outpaced North Korea’s during the next three decades, during which trend...

This paper represents a comparative analysis of seventeen case studies from Central and Eastern Europe, selected from different published sources. The analysis of these business cases is used to highlight the typical strategic responses of firms to the unstable business environment in the...

Increased international commerce between the United States and faster growing economies such as The People’s Republic of China (PRC), as well as third world economies rich in natural resources but poor in infrastructure like Nigeria, have created the potential for significant exposure to...

Corporate governance is most often defined in terms of the roles, responsibilities, and interactions of top management and the board of directors. Using information on Macedonia, obtained through various sources, this study is an attempt on determining some of the factors that influence the...

Russian Abstract: В книге рассматриваются вопросы применения и регулирования заемного труда: его понятие, признаки и юридическая природа. Обоснована концепция...

This article analyzes the extent and sectoral distribution of state ownership in the Russian economy. The different legal forms of state-owned enterprises (SOEs) in Russia are described. Official data on the evolution of the size of the state sector is provided, where the size is measured by the...

This article brings into focus the impact of employee buyouts on corporate governance ten years after the large-scale privatization in Russia. The analysis shows that although employee buyouts have helped to reduce unemployment and prevent major social conflicts, it otherwise had a negative...