In response to the world food crisis in 2008, Senegal developed a productivist national food
self‐sufficiency programme. However, the critical question is not whether the programme …

This research focuses on how three dynamics of institutions--speed, irregularity and
synchronization of pro-market reforms−-lead to adjustment of ownership structures in …

We propose that major powers give foreign aid to develo** countries to facilitate politically
costly economic reforms that preferential trading agreements prescribe. Democratic …

I extend the institution‐based view by adopting a horse race perspective on pro‐market
reforms. Specifically, I study how the synchronization of reform speeds (the extent of …

Green tax reforms have become an important tool not only in protecting the environment but
also in bringing about a more efficient tax system. However, reforms often imply accepting …

The theory on the timing of liquidity trades highlights two contrasting rational expectations
equilibria for the liquidity adjustment speed effect, namely an immediate-trading equilibrium …

This paper focuses on the multiple dimensions of market-based reforms and their impacts on
firms' product innovation performance in China, the largest emerging country in the world. By …

This study analyzes the impact of the speed of transition reforms on economic growth in
transition countries in the context of the debate on 'big‐bang vs. gradualist approach'. It …

Why do some governments subsidize gasoline consumption, despite its very high economic
and environmental costs? We answer this question by examining how a state's political …

What political factors explain the selection of countries for preferential trade agreements by
the European Union? I argue that when forming a trade agreement the EU is more likely to …