This paper uses dynamic panel data methods to examine the determinants of foreign direct
investment (FDI) into Central and Eastern European countries (CEECs). Our empirical …

The authors analyze the growth and stabilization experience in twenty-six transition
economies in Eastern Europe, the former Soviet Union, and Mongolia for the period 1989 …

Purpose–The paper investigates the utility of economic theory for post‐Communist
economic transformation. It serves to explain the main reasons for market reform failure in …

The transition from a planned economy to a market economy involves a complex process of
institutional, structural and behavioral change. Formerly communist countries have moved …

Ten years after the launching of the transition process, many books and reports are offering
a balance sheet of the transformation that occurred in Central and Eastern Europe and in the …

This book offers a new perspective on the economics of globalization, based on the
concepts of firms' capabilities as the immediate cause of countries' wealth. It presents new …

We develop a theory for a transition economy under which an unbalanced development
strategy that favors special economic zones emerges as a response to two critical …

Learn more about the transitional economies of Central and Eastern Europe! This book
examines the economic dynamics of Central and Eastern European post-Communist …

Ten years have passed since the publication of my book The Road to a Free Economy:
Shifting from a Socialist System—the Example of Hungary (referred to hereafter as Road.) It …

The fall of socialism in 1989–1990 led to the end of the East European housing model,
which was based on the limitation of property rights, extensive central planning and …