Studies into the Wealth of Nations have been the aim of economics since Adam Smith. However, the spectacular rise of some economies, beginning with industrializing England in the 18th century, has been of particular interest. England's rise has been as miraculous in the eyes of the observers as...

While Korea since several decades promotes an infrastructure project called "iron silk road", to link it with European markets, but also to integrate North Korea more into the world economy, these ideas largely ended nowhere. Instead, the Chinese proposal of the "One Belt, one Road" (short BRI)...

Studies into the Wealth of Nations have been the aim of economics since Adam Smith. However, the spectacular rise of some economies, beginning with industrializing England in the 18th century, has been of particular interest. England's rise has been as miraculous in the eyes of the observers as...

The paper focuses on institutional change and institution building as integral parts of economic transition in China. China's success, particularly compared with other advanced transition economies, implies a puzzling observation: China did not apply theoretically-derived policy recommendations....

Central Asia is increasingly the focus of intense international attention because of its geopolitical and economic importance as well as its unsettled transition processes. Central Asian countries, i.e., Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan, faced enormous challenges...