HISATOSHI HOKEN Research Fellow, Institute of Developing Economies (IDE-JETRO), JapanSEIRO ITOH Research Fellow, Institute of Developing Economies (IDE-JETRO), JapanKOICHIRO KIMURA Research Fellow, Institute of Developing Economies (IDE-JETRO), JapanMASAHIRO KODAMA Research Fellow, Institute of Developing Economies (IDE-JETRO), JapanKOJI KUBO Research Fellow, Institute of Developing Economies (IDE-JETRO), JapanFUMIHARU MIENO Associate Professor in Economics, Kobe University, JapanOSAMU TAKAMIZAWA Professor, Institute of Oriental Culture, University of Tokyo, JapanSHIN-ICHI WATANABE Professor of International Development, Graduate School of International Relations, International University of Japan, JapanNORIYUKI YANAGAWA Associate Professor, Faculty of Economics, University of Tokyo, JapanJIANLON ZHOU Professor of Law, Law School, Dokkyo University, Japan

• List of Figures List of Tables Introduction: From Government Allocation to Market Adjustment; M.Watanabe PART 1: MACRO PERFORMANCE: HOW HAS THE GOVERNMENT AFFECTED MACRO PEFORMANCE? Macroeconomic Stability and Seigniorage for Fiscal Revenue: East Asia versus Eastern Europe and the CIS; K.Kimura The Effects of Changes of Policy Tool during the Transition Period in China; M.Kodama The Inter-provincial Capital Flows During the Transition Period of China; S.Watanabe PART 2: MICRO AGENTS: TRANSFORMATION OF THE BEHAVIOURAL PRINCIPLE Trade Credit and Imperfect Enforcement; N.Yanagawa Trade Credit and Chinese Law; O.Takamizawa Determinants of Trade Credit in China: An Empirical Investigation; S.Itoh Determinants of Debt, Bank Loan, Trade Credit of Private Firms in the Transition Period: The Case of Myanmar; F.Mieno Household Savings Decision and Institutional Development: The Case of Rural Households in China; H.Hoken Repression of the Banking Sector in the Transition to a Market-Based Economy: The Case of Vietnam; K.Kubo Improving Corporate Governance and Regulations on Power Abuse by Controlling Shareholders in China; J.Zhou The State as 'Expropriating' Concentrated Owner in China; M.Watanabe Index

HISATOSHI HOKEN Research Fellow, Institute of Developing Economies (IDE-JETRO), JapanSEIRO ITOH Research Fellow, Institute of Developing Economies (IDE-JETRO), JapanKOICHIRO KIMURA Research Fellow, Institute of Developing Economies (IDE-JETRO), JapanMASAHIRO KODAMA Research Fellow, Institute of Developing Economies (IDE-JETRO), JapanKOJI KUBO Research Fellow, Institute of Developing Economies (IDE-JETRO), JapanFUMIHARU MIENO Associate Professor in Economics, Kobe University, JapanOSAMU TAKAMIZAWA Professor, Institute of Oriental Culture, University of Tokyo, JapanSHIN-ICHI WATANABE Professor of International Development, Graduate School of International Relations, International University of Japan, JapanNORIYUKI YANAGAWA Associate Professor, Faculty of Economics, University of Tokyo, JapanJIANLON ZHOU Professor of Law, Law School, Dokkyo University, Japan

• List of Figures List of Tables Introduction: From Government Allocation to Market Adjustment; M.Watanabe PART 1: MACRO PERFORMANCE: HOW HAS THE GOVERNMENT AFFECTED MACRO PEFORMANCE? Macroeconomic Stability and Seigniorage for Fiscal Revenue: East Asia versus Eastern Europe and the CIS; K.Kimura The Effects of Changes of Policy Tool during the Transition Period in China; M.Kodama The Inter-provincial Capital Flows During the Transition Period of China; S.Watanabe PART 2: MICRO AGENTS: TRANSFORMATION OF THE BEHAVIOURAL PRINCIPLE Trade Credit and Imperfect Enforcement; N.Yanagawa Trade Credit and Chinese Law; O.Takamizawa Determinants of Trade Credit in China: An Empirical Investigation; S.Itoh Determinants of Debt, Bank Loan, Trade Credit of Private Firms in the Transition Period: The Case of Myanmar; F.Mieno Household Savings Decision and Institutional Development: The Case of Rural Households in China; H.Hoken Repression of the Banking Sector in the Transition to a Market-Based Economy: The Case of Vietnam; K.Kubo Improving Corporate Governance and Regulations on Power Abuse by Controlling Shareholders in China; J.Zhou The State as 'Expropriating' Concentrated Owner in China; M.Watanabe Index

HISATOSHI HOKEN Research Fellow, Institute of Developing Economies (IDE-JETRO), JapanSEIRO ITOH Research Fellow, Institute of Developing Economies (IDE-JETRO), JapanKOICHIRO KIMURA Research Fellow, Institute of Developing Economies (IDE-JETRO), JapanMASAHIRO KODAMA Research Fellow, Institute of Developing Economies (IDE-JETRO), JapanKOJI KUBO Research Fellow, Institute of Developing Economies (IDE-JETRO), JapanFUMIHARU MIENO Associate Professor in Economics, Kobe University, JapanOSAMU TAKAMIZAWA Professor, Institute of Oriental Culture, University of Tokyo, JapanSHIN-ICHI WATANABE Professor of International Development, Graduate School of International Relations, International University of Japan, JapanNORIYUKI YANAGAWA Associate Professor, Faculty of Economics, University of Tokyo, JapanJIANLON ZHOU Professor of Law, Law School, Dokkyo University, Japan

• List of Figures List of Tables Introduction: From Government Allocation to Market Adjustment; M.Watanabe PART 1: MACRO PERFORMANCE: HOW HAS THE GOVERNMENT AFFECTED MACRO PEFORMANCE? Macroeconomic Stability and Seigniorage for Fiscal Revenue: East Asia versus Eastern Europe and the CIS; K.Kimura The Effects of Changes of Policy Tool during the Transition Period in China; M.Kodama The Inter-provincial Capital Flows During the Transition Period of China; S.Watanabe PART 2: MICRO AGENTS: TRANSFORMATION OF THE BEHAVIOURAL PRINCIPLE Trade Credit and Imperfect Enforcement; N.Yanagawa Trade Credit and Chinese Law; O.Takamizawa Determinants of Trade Credit in China: An Empirical Investigation; S.Itoh Determinants of Debt, Bank Loan, Trade Credit of Private Firms in the Transition Period: The Case of Myanmar; F.Mieno Household Savings Decision and Institutional Development: The Case of Rural Households in China; H.Hoken Repression of the Banking Sector in the Transition to a Market-Based Economy: The Case of Vietnam; K.Kubo Improving Corporate Governance and Regulations on Power Abuse by Controlling Shareholders in China; J.Zhou The State as 'Expropriating' Concentrated Owner in China; M.Watanabe Index