The authors examine the role of organized labor in the restructuring experience of two coal-mining regions in the Czech … early gradual restructuring, whereas the Jiu Valley region in Romania did not undertake restructuring until 1997, which was …, labor-market conditions, and constraints in compensating laid-off miners. They show that the belated restructuring in the …

We conduct a case study of the role of organized labor in the restructuring experience of two coal mining regions in … region undertook gradual restructuring from early on whereas in Jiu Valley there was no restructuring until 1997, followed by … massive layoffs over two years. Our quantitative exercise shows that the delay in restructuring in Jiu Valley was grossly …

During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of … ability to influence law enforcement. Our econometric results, for about 950 firms in five transition economies, provide …

, politically and economically strong conglomerates in transition and developing countries. The model predicts that oligarchs are …

During the transition from plan to market, managers and politicians succeeded in maintaining de facto ownership of … assets. This paper puts forward a theoretical model and econometric evidence on asset stripping in transition. We argue that …

During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of … ability to influence law enforcement. Our econometric results, for about 950 firms in five transition economies, provide …