Economics of Transition publishes high-quality, refereed articles on the economics of structural transformation, institutional development, and growth. It presents innovative theoretical work and econometric analyses of the process of economic reform and its macroeconomic effects. The journal aims to promote new thinking on how institutions and institutional change can be analyzed and measured and how their impact on aggregate economic performance can be evaluated. In particular, the journal seeks original empirical and theoretical analysis of the experience of the transition economies of Central and Eastern Europe and the CIS, China and Vietnam, as well as enlightening studies of reform and institutional change in other emerging market environments, including India and those in Africa and Latin America. The journal publishes symposia and regular book reviews.