The Political Economy of Property Rights: Institutional Change and Credibility in the Reform of Centrally Planned Economies (Political Economy of Institutions and Decisions)

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The Political Economy of Property Rights investigates the transformation of property rights in post-communist countries and China. The movement to effective market economies requires the creation of more effective supporting institutions, especially systems of property rights that decentralize the control of economic resources. This process is inherently political, and thus should be studied from the perspective of political economy.

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