More than fifteen years after the fall of the Berlin Wall, many issues regarding the transition from a centrally planned economy to a market economy are still being debated. This book presents an evaluation of the transition in Central Eastern Europe, and focuses on the socialist legacy, the...

This book provides an in-depth analysis of the role of foreign-owned banks for credit growth, financial stability and economic growth in the post-communist European countries. Using data covering 20 countries over the period from 1995 to 2015, the authors analyse the evolution of banking sectors...

Machine generated contents note: Foreword IntroductionGrowth and Structural Features of Transition: Theoretical Framework and General OverviewGovernance, Institutions and Growth: Empirical Lessons from the Post-Communist TransitionHuman capital and social capital as interacting factors of...