UNU Update The newsletter of United Nations University and its network of research and training centres and programmes |
Issue 11: September 2001 |
|
New book |
The impact of initial conditions on the transition process in gradual and
late reforming countries is examined in a new book from UNU/WIDER
published by Oxford University Press. Transition
and Institutions: The Experience of Gradual and Late Reformers,
edited by Giovanni Andrea Cornia and Vladimir Popov, focuses on structural institutions in Russia and the
East.
In transitional countries with unfavourable initial conditions and weak institutions, economic and social performance cannot be explained fully by macroeconomic adjustment, privatization, and liberalization approaches that have been adopted. By reviewing the impact of initial conditions on industrial and institutional conditions in the gradual and late reforming countries, this book aims to rekindle the debate surrounding these largely neglected issues. |
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