During the last twenty-five years there has been a widespread move toward more market-oriented policies and institutions across the developing and former socialist (or current transition) countries, usually in the context of more politically open societies. The most remarkable fact of this movement is that while policies have often been quite similar, results have been very different. This book attempts to lay groundwork for a political economy analysis of understanding what governments did differently - and why they did so - that led to such a wide variety of outcomes.

SAUGATA BHATTACHARYA Infrastructure development Finance Company, India
IVO BICANIC Macroeconomist, Zagreb University, Croatia
LASLO BRUSZT Associate Professor of Political Science, Central European University, Hungary
JAN FIDRMUC Center for European Integration Studies (ZEI), Germany
VLADIMIR GLIGOROV Economist, Vienna Institute for International Economic Studies (WIIW), Austria
LIPING HE Economist, Beijing Normal University, China
IVAN KRASTEV Political Scientist, Sofia University, Bulgaria
LEONG H. LIEW Economist, Griffith University, Australia
NORMAN V. LOAYZA World Bank, USA
ABDUL G. NOURY ECARES, Université Libre de Bruxelles, Belgium
URJIT R. PATEL Infrastructure Development Finance Company, India
ANDRES RIUS IDRC, Uruguay
RAIMMUNDO SOTO Universidad Cátolica, Chile
NICHOLAS VAN DE WALLE Cornell University, USA

List of Figures List of Tables List of Boxes Notes on Contributors Introduction to Understanding Reform; J.M.Fanelli & G.McMahon On the Philosophical, Political, and Methodological Underpinnings of Reform; J.M.Fanelli & V.Popov On the Measurement of Market-Oriented Reforms; N.V.Loayza & R.Soto Causes, National Costs and Timing of Reforms; L.H.Liew, L.Bruszt & L.He Interest Groups, Stakeholders, and the Distribution of Benefits and Costs of Reform; J.Fidrmuc & A.G.Noury Political and Institutions and Economic Policy Reform; A.Rius & N.van de Walle Markets, Regulatory Institutions, Competitiveness and Reforms; S.Bhattacharya & U.R.Patel State, Public Goods and Reform; I.Bicanic, V.Gligorov & I.Krastev References Index