This paper uses firm-level data from the Business Environment and Enterprise Performance Surveys to study the process of convergence of transition countries with developed market economies. The study focuses on competition and market structure, finance and the structure of lending to firms, and...

This article argues that the recent financial crisis was caused largely by the long-term problem of the current world economy lacking a sustainable path of development. Limits to growth – expressed principally through rises in the price of oil and other commodities – created a crisis for the...

This article argues that the recent financial crisis was caused largely by the long-term problem of the current world economy lacking a sustainable path of development. Limits to growth -- expressed principally through rises in the price of oil and other commodities -- created a crisis for the...

The 2008-09 global economic crises have shown that no country is immune to external challenges. When policy controls are missing or not used efficiently, crises can reverse progress even in advanced economies. This unexpected outcome has increased concerns about the ability of governments in...

This study is an attempt to highlight the financial deepening in Newly Industrialised Economies in Asian region. The Principal Component Analysis technique is employed to get the single dimension of financial deepening. The financial systems of China and Singapore economies have witnessed a...

Economic Sociology’s May issue includes the continuation of our conversation with Prof. Victor Nee held in October 2012. (See the March issue for the first half, Vol. 15. No 2. Pp. 11–21.) The interview was conducted by Alexander Kurakin, a senior lecturer at National Research University...