Using case study analysis based on in-depth interviews we aim to extend the entrepreneurship research in transition context in Poland. Entrepreneurship models build in America and Western Europe do not picture the specifics of entrepreneurship in transition economies. The author reviews concepts...

This paper investigates the effects of school quality on fertility in a transition country. It aims to explain the slowing fertility and shrinking rural sector of a post Soviet country, Ukraine, through the decline in the quality of public services, in particular, school quality. It builds on...

This paper analyses the structure of Polish economy using three input-output tables for years 1995, 2000 and 2004. Applying the traditional methods proposed by Rasmussen the sector’s backward and forward linkages are identified. Industries with large backward and forward linkages are named...

In 1987 K. Arrow suggested to define the theory of economic behavior of individual economic agents in market or nonmarket conditions as nanoeconomics. In 1996 we considered nanoeconomics for the first time as an independent branch of the economic theory and as a description of special condition...

Recreation benefits constitute a substantial part of the total economic value of forests, and are important for the choice of multi-functional forest policies. The application of methods valuing such benefits is in its infancy in transition economies in Central and Eastern Europe (CEE), so value...

The paper presents the recent labor migration flows and trends and the impacts of these movements on Romanian economic and social life. After Romania joined the EU, the travel of Romanians inside the EU is totally free and they fructified this opportunity. There are important economic...

An essential condition of the effectiveness of price-stability-based monetary regime is availability of an efficient mechanism for transmission of monetary policy impulses to the real sector of economy. Characteristic of the economy of Ukraine, the same as many other transition economies is the...

This paper examines the causes and consequences of cross-border acquisitions in a transition economy using the 1998-2006 deal data for targeted Chinese and Indian firms and foreign acquirers. Our empirical analysis resulted in three important findings. First, firms with high cash reserve ratio...

The transition to a market economy started in Romania after 1989 and had significant repercussions on labor market outcomes, in terms of both levels and composition. Labor markets adjusted to the new economic environment by reducing employment and labor force participation, and by increasing...

The study examines whether inflation process can be explained within the framework of the Money Market Approach in the third stage of economic development of Azerbaijan economy covering 2004-2008. By employing dynamic modeling study concludes that the Money Market Approach has not been relevant...