The transition from plan to market provides a rare opportunity for insight into the endogenous development of economic institutions. Economic activities during the Soviet regime were co-ordinated by a central authority. These co-ordinating mechanisms were disrupted during the transition period,...

Using the experiences of Eastern Europe as an example, this article argues that, contrary to the economists' assumption that property rights are a precondition of a market economy, market institutions are often a prerequisite for a viable private property regime. Progress in the development of...

We compare organizational forms (U-form and M-form) in coordinating changes such as innovations in business firms and reforms in transition economies. In our model, organizational forms affect the information structure of an organization, and thus the way to coordinate changes and to experiment...

This paper introduces a new conceptual model for comparative research of management practices and social transformations in the context of the transition societies in Eastern Europe. The objectives of the research were: to develop an overview of the management system in Bulgaria before 1989 and...

This paper incorporates a new inter-disciplinary methodology of the New Institutional and Transaction Costs Economics, and examines pace, factors and modes for post-communist agricultural specialization and farming structures development in Bulgaria. Firstly, it presents the specific Bulgarian...

After the collapse of communism, political elites in Central and Eastern Europe (CEE) implemented economic reforms that were largely inspired by the prevailing neoliberal paradigm. One of the consequences of these reforms was that the region's economies became very open to foreign direct...

This article reviews China's land tenure system, which is featured with differential treatment of rural and urban citizens with respect to three types of land tenure: urban land tenure, arable land tenure and rural residential land tenure. With the urban residents fully participated in the...

Food security is a global concern. Iranian farmers have the obligation to provide food but they don't have the right to food. International restrictions combined with incorrect national schematization put them in a situation that they can't afford to buy their own products just to endure to the...

Since at least the early nineteenth century, much of “political economy” had become occupied with “resource allocation”. It became occupied with understanding the relative merits of economic systems coordinated by decentralized processes (market-mediated exchange) or by centralized...

To provide evidence on patterns of and changes in ownership structures both at the start and during early privatization, we develop different typologies of enterprise ownership and use new data for more than 1500 firms in the Baltic Republics. We find that: (i) by international standards,...