In the epoch of globalization, small or medium-sized national companies have great difficulties in finding an appropriate place for themselves in global labor division systems. They most frequently apply either strategies that help them becoming part of global value chains as regular suppliers,...

This paper examines the determinants of corruption in transition economies.We found that the progress of structural reform, comprising marketization, rule of law, and democratization had a crucial impact on the extent of corruption control in former socialist countries

The recent financial and political crises in the world sent severe shocks through emerging economies in Central and Eastern Europe (CEE) and the former Soviet Union (FSU). Although these crises are regrettable events that caused so much suffering to so many people, we must embrace the...

This book analyzes and assesses corporate restructuring and governance in transition countries focusing on the Czech Republic, Hungary, and Russia. Using original material and publications in local languages, the book addresses the core issues for these countries in transformation into...