(updated May 2026 )

Books

Edited Books

• INSTITUTIONS AND COMPARATIVE ECONOMIC DEVELOPMENT  (edited with Masahiko Aoki and Timur Kuran) Palgrave McMillan 2012.
• ECONOMIES IN TRANSITION: THE LONG RUN VIEW. Palgrave McMillan, UNU-WIDER Studies in Development Economic and Policy 2012 Introduction.
• CORRUPTION, DEVELOPMENT AND INSTITUTIONAL DESIGN. (edited with Janos Kornai and Laszlo Matyas) Palgrave McMillan 2009. Introduction.
• POLITICAL ECONOMY OF NORTHEAST ASIAN REGIONALISM. (edited with Jehoon Park and T.J. Pempel), Edward Elgar, 2008.
• PRIVATIZATION (foreword by Joseph Stiglitz) Columbia University Press, 2008. Introduction.
• INSTITUTIONAL CHANGE AND ECONOMIC BEHAVIOR (edited with Janos Kornai and Laszlo Matyas), Palgrave Macmillan, 2008. Introduction .
• THE ECONOMICS OF TRANSITION. THE FIFTH NOBEL SYMPOSIUM IN ECONOMICS edited with Erik Berglof, Palgrave Macmillan, 2007. Introduction.

Working Papers, articles and book chapters

Institutions and culture

• NEW Shifting Punishment on Minorities: Experimental Evidence of Scapegoating. with M. Bauer, J. Cahlikova, J. Chytilova and T. Zelinsky, Economic Journal (2023).
• NEW Ukraine's Post-War Reconstruction and Governance Reforms. with T. Mylovanov, in Gorodnichenko, Y., I. Sologoub and B. Weder di Mauro Rebuilding Ukraine: Principles and Policies (2022).
• NEW   Cultural Distance, Firm Boundaries and Global Sourcing. with Y. Gorodnichenko and Bohdan Kukharskyy, revised April 2023.
• The Deep Historical Roots of Modern Culture: A Comparative Perspective. Journal of Comparative Economics 2020. (Based on Keynote lecture given at the 2d World Congress for Comparative Economics, St Petersburg, June 2017). Data appendix with explanation of all the scores.
• Comparative economic history. Chapter for The Palgrave Handbook of Comparative Economics in Douarin, E. and O. Havrylyshin, Palgrave (2020).
• Comparative Economics in Historical Perspective. Presidential address at the 2018 meeting of the Association of Comparative Economics.
• Culture, Institutions and Development , in Baland, J.M, Bourguignon, F. , Platteau, J-Ph. And T. Verdier Handbook on Development Economics and Institutions (2020).
• Culture, Institutions and Democratization with Y. Gorodnichenko, Public Choice  , 2020.
• China's Lost Generation: Changes in Beliefs and their Intergenerational Transmission" joint with David Yang, revised September 2017.
• Understanding the Individualism-Collectivism Cleavage and its Effects: Lessons from Cultural Psychology with Y. Gorodnichenko, invited paper at the XVIth Congress of the International Economic Association 2011.
• Which Dimensions of Culture Matter for Long Run Growth? with Y. Gorodnichenko, forthcoming American Economic Review. Papers and Proceedings, 2011.
• Culture, Institutions and the Wealth of Nations. with Y. Gorodnichenko, Review of Economics and Statistics .
• Institutional Clusters and Economic Performance. with Jon Jellema. Journal of Economic Behavior and Organization 2011.
• The Long run Weight of Communism or the Weight of Long Run History? , in Economies in Transition. The Long Run View, Palgrave McMillan 2012.
• The Design of Corporate Debt and Bankruptcy, with E. Berglöf and E.-Lu. von Thadden, Review of Financial Studies 2010.
• Civil Society, Institutional Change and the Politics of Reform: The Great Transition. with L. Bruszt, N. Campos and J. Fidrmuc, in Economies in Transition. The Long Run View, Palgrave McMillan 2012.
• Coordination and Experimentation in M-form and U-form Organizations, with Y.Qian and C. Xu, Journal of Political Economy, 2006.
• Understanding Institutional Change: Fast-Moving and Slow-Moving Institutions, Studies in Comparative International Development, 2004.
• Understanding the Soft Budget Constraint, with J. Kornai and E. Maskin, Journal of Economic Literature, 2003.

• NEW Crony Capitalism, the Party-State and Political Boundaries of Corruption (with Weijia Li and Yang Xie), Journal of Comparative Economics (2022).
• Coexisting with China in the Global Economy in the 21st Century . Acta Aeconomica 2019.
• China's Belt and Road Initiative: Hopes and Bumps Along the Road in K. Basu, M. Ghatak, K. Kletzer, S. Mundle and E. Verhoogen, Development, Distribution and Markets Oxford University Press, 2020 (forthcoming).
• Thinking Capitalism with Janos Kornai in M. Rosta and D. Piroska (ed.) Systems, Institutions, and Values in East and West Central European University Press 2020
• The New International Disorder and the North Korean crisis. Keynote lecture at the Asian Economic Community Forum, November 2017.
• The Evolution of Postcommunist Systems: Eastern Europe versus China Economics of Transition July 2018.
• Transition in Historical Perspective Paper presented at the May 6-7 2014 conference Transition in Perspective in Budapest.
• Scenarios for a Transition to a Prosperous Market Economy in North Korea. with B-Y Kim, International Economic Journal 2012.
• How Credible is the North Korean Threat? with B-Y Kim, Economics of Transition 2014.
• What makes a Successful Entrepreneur? Evidence from Brazil. with S. Djankov, Y.Qian and E. Zhuravskaya, January 2008.
• The Long Run Impact of Bombing Vietnam with E. Miguel, Journal of Development Economics 2011.
• Banking Passivity and Regulatory Failure in Emerging Markets: Theory and Evidence from the Czech Republic, with J. Hanousek, revised November 2007.
• Economic Theory and Transition: What Lessons from North Korea? Keynote lecture NAIS conference February 21, 2008, published in Seoul Journal of Economics, 21(2) 2008.
• Who are China's Entrepreneurs ? , with S. Djankov, Y. Qian and E. Zhuravskaya, American Economic Review, Papers and Proceedings 2006.
• The Russian economy in the year 2005 Post-Soviet Affairs 2006.
• Entrepreneurship in China and Russia Compared with S. Djankov, Y. Qian and E. Zhuravskaya, Journal of the European Economic Association 2006.
• Who are Russia's Entrepreneurs? with S. Djankov, E. Miguel, Y. Qian and E. Zhuravskaya, Journal of the European Economic Association 2005.
• Law Enforcement and Transition, with Thierry Verdier, European Economic Review, 2003.
• The Political Economy of Transition, Journal of Economic Perspectives, 2002.
• Corporate Governance and Restructuring: Lessons from Transition Economies, World Bank Conference, 2001.
• Soft Budget Constraints, Transition and Financial Systems, with M. Dewatripont, Journal of Institutional and Theoretical Economics, 2000.
• Reform without Losers: An Interpretation of China's Dual-Track Approach to Transition, with L. Lau and Y. Qian, Journal of Political Economy, 2000.
• Managerial Career Concerns, Privatization and Restructuring in Transition Economies, with K. Sekkat, European Economic Review, 2000.
• "Soft Budget Constraints and Transition", with M. Dewatripont and E. Maskin, in E. Maskin and A. Simonovits (eds.), Planning, Shortage and Transformation, MIT Press, 2000.
• "Coordination and Innovation in M-Form and U-Form Organizations", with Y. Qian and C. Xu, in E. Maskin and A. Simonovits (eds.), Planning Shortage and Transformation, MIT Press, 2000.
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• NEW Separation of Powers as a Guardian of Civil Peace   with Weijia Li and Yang Xie, revised April 2026.
• NEW A Theory of Power Structure and Institutional Compatibility: China vs. Europe Revisited with Ruixue Jia and Yang Xie revised March 2023.
• NEW Empires, Nation States and Democracies: The International Order in Historical Perspective . UBS Center Paper #13, January 2023.
• NEW The War in Ukraine and its Consequences for the International Order and Northeast Asia. Asia and the Global Economy January 2023.
• NEW Erosion of State Power, Corruption Control and Political Stability with Weijia Li and Yang Xie, Economic Journal (2022).
• NEW Identity Politics and Populism in Europe joint with A. Noury, Annual Review of Political Science 2020.
• Electoral Rules and Government Spending in Parliamentary Democracies with T. Persson and G. Tabellini, Quartely Journal of Political Science 2007.
• Colombia's Electoral and Party System: Proposals for Reform with J. Gonzalo Zapata, in Institutional Reforms in Colombia edited by A. Alesina, MIT Press 2004.
• Comparative Politics and Public Finance, with T. Persson and G. Tabellini, Journal of Political Economy, 2000.

• Changing Political cleavages in Advanced Democracies: Evidence from the European Parliaent. joint with S. Hix and A. Noury, Jan. 2019.
• Is there a Selection Bias in Roll Call Votes? Evidence from the European Parliament. joint with S. Hix and A. Noury, Public Choice July 2018.
• Europe's Constitutional Imbroglio in The European Economy in an American Mirror, edited by B. Eichengreen, M. Landesmann and D. Stiefel, Routledge New York, 445-457 2008.
• Dimensions of Politics in the European Parliament with S. Hix and A. Noury, American Journal of Political Science 2006.[Web appendix].
• After Enlargement: Institutional Achievements and Prospects in the New Member States Proceedings of The third ECB conference "The New EU Member States: Convergence and Stability", forthcoming 2005.
• A 'Normal' Parliament? Party Cohesion and Competition in the European Parliament, 1979-2001, with S. Hix and A. Noury, British Journal of Political Science 2005.
• In Praise of the European Constitution ,in Designing the New EUropean Union edited by H. Berger and T. Moutos, MIT Press forthcoming 2005.
• How to Choose the European Executive: A Counterfactual Analysis, 1979-1999, with S. Hix and A. Noury, in in Blankart, C. and D.C. Mueller A Constitution for the European Union, MIT Press 2004.
• Enlargement and the European Parliament, with A. Noury, in N. Campos and J. Fidrmuc (eds.), Political Economy of Transition: Institutions, Politics and Policies, Kluwer, 2003.
• More Power to the European Parliament?, with Abdul Noury, Economic Policy, 2002.

• Solving the Greek crisis with Syriza (slides for February 6 2015 presentation)
• What is really at stake in Crimea? (With Yury Gorodnichenko, March 2014)
• Ukraine: What Emergency Measures and what Long Term Changes Needed? (With Yury Gorodnichenko, February 2014)
• Is China Preparing to Withdraw Support to North Korea? (March 2013).
• The North Korean Military Threats are not Feared (Vox column) (April 2009).
• Currency wars:China Should Impose Green Taxes on its Exports (October 2010).

• Economics 215A, Political Economy Fall 2017
• Economics 260A, Comparative Economics Fall 2017
• Economics 162, The Chinese Economy Fall 2017
• Economics 172, Development Economics Fall 2015