The Necessary Institutional Framework to Transform Formerly Planned Economies


The formerly planned economies generally lack the institutions needed to support an orderly transition to a growing market economy. This transition depends on the establishment of orderly commercial transactions in the markets for corporate control. The minimal set of institutions required should therefore be tailored to limit opportunistic political behavior and to guarantee basic property rights, notably in financial markets.

When identifying the minimal required set of suck institutions, and the authors find that Western market economies are entangles in excessive institutions supporting distributional objectives or vested interests. Hence, the formerly planned economies stand a good chance of improving upon the West.

Interdisciplinary European Studies

The European Union and the Return of the Nation State


This book explores the complex and ever-changing relationship between the European Union and its member states. The recent surge in tension in this relationship has been prompted by the actions of some member state governments as they question fundamental EU values and principles and refuse to implement common decisions seemingly on the basis of narrowly defined national interests.

About the book


Seminars organized by IFN


To present ongoing research informal brown-bag seminars are held on Mondays at 11:30 am. This is an opportunity for IFN researchers to test ideas and results.

Academically oriented seminars are most of the time held on Wednesdays at 10 am. At these events researchers from IFN and other institutions present their research.

In addition, IFN organizes seminars open to the public. Topics for these are derived from the IFN research.

Research Institute of Industrial Economics, Grevgatan 34 - 2 fl, Box 55665, SE-102 15 Stockholm, Sweden | Phone: +46-(0)8-665 45 00 | info@ifn.se