The study of dynamics of institutional change in emerging markets are subjects of great interest in contemporary political economy. The dynamics and quality of institutional change can have significant impacts on the long-run performance of economies, economic growth and development of nations, and play a fundamental role in societies. It provides a comprehensive understanding of legal-economic institutions, and sheds light on the way to global peace by producing a better understanding of the dynamics of historical change. Topics range from institutional uncertainty, hybrid market order and labor market institutions, to good governance of institutions and WTO rules as trade institutions, as well as entrepreneurship and institutional change in emerging markets, and the role of modern technologies.

This edited volume emphasizes legal-economic institutions, and the role of management and entrepreneurship on dynamics, trends, and implications of institutional change in emerging markets. Presenting research articles by eminent scholars and experts engaged in education and research, who address and discuss the most recent issues in the field, they reveal new insights into the dynamics of institutional change for researchers interested in development of new theories and comparative studies, especially in the era of emerging markets.

The book is appealing to a wide range of global audience, can serve as a useful reference work in education and research, offers innovative and productive discussions, and can satisfy scholarly and intellectual interests, regarding institutional development and a broad spectrum of its interactions with functioning of markets and economies. 

Nezameddin Faghih is the UNESCO Chair Professor Emeritus, and the Founding Editor-in-Chief of theJournal of Global Entrepreneurship Research (Springer). He has published more than 70 books, 100 research articles, and presented more than 120 invited talks in academia, industry, and professional meetings.

Ali H. Samadi is Associate Professor, Department of Economics, Shiraz University (Iran). He has a PhD in economics of the public sector and his specialty is in institutional economics and econometrics. He is Editor-in-Chief of theIranian Journal of Economic Studies (IJES). 

1. Introduction.- 2. Institutional Uncertainty: The Hybrid Market Order in Bulgaria.- 3. Efficiency and distributional effects of the two-tracked labor market institutions in Albania.- 4. How a good governance of institutions can reduce poverty and inequality in society for supporting a sustainable economic development?.- 5.  Escalated export taxes and WTO rules as trade institutions:  Lessons from Argentinas biodiesel exports.- 6. A Dynamic Canvas Framework of Competitive Neutrality Principle (CNP) For Economic Institutional Changes Regarding State-Owned Enterprises: A Case from Vietnam.- 7.  Entrepreneurship and Institutional Change in Emerging Markets.- 8.  Governmental Supportive Policies for Green Entrepreneurial Activity in Saudi Arabia: An Institutional Analysis.- 9. The role of modern technologies on entrepreneurship dynamics across efficiency and innovation-driven economies .- 10. Institutional Change: A RenewedPerspective on Grocery Stores Operation in Mauritius.- 11. Institutional Change of Disaster Risk Reduction Management Offices in Selected Areas of Post-Haiyan Philippines.