Institutional Barriers in the Transition to Market: Examining Performance and Divergence in Transition Economies (2013)Paperback - 2013, 1 January 2013

Examines the institutional developments in 28 transition economies over the past two decades and concludes that, contrary to popular belief, institutions were not neglected; while personalities mattered as much as policies for outcomes, getting the basic institutions right was the most important aspect of a successful transition.