In Romania, the 1991 Land Reform marked the beginning of a series of transformations in the ownership structure and the production system in agriculture. Nevertheless, after recently joining the EU it became evident that the agricultural sector is in need of major improvements in performance. We...

Ordinary North Korean citizens have been coping with economic hardship by eking out livelihoods for themselves. Grassroots markets and local petty economies have become commonplace. A point of conjecture amongst scholars and policymakers is whether these developments may be the start of...

As in other rapidly growing economies, Vietnam's urban land development has been a source of social conflict as those who are relocated contest the distribution of economic gains. More recently, the relocated have increased their bargaining power and receive better compensation packages. The...

While Vietnam's reforms provided some of the weakest legal private property rights amongst the transitions countries, cities like Ho Chi Minh City have booming domestic real estate markets. Interestingly, while most properties in 2001 did not have legal title, those on the market did advertise a...