Public notion usually attributes superior qualities to foreign direct investments in transition economies. According to a common belief they are equipped with modern technology, possess up-to-date managerial capacities, use state-of-the-art management practices, are more effective than local...

After the fall of the Iron Curtain, people across the former socialist world saw their lives transformed. In just a few years, labor markets were completely disrupted, and the meanings attached to work were drastically altered. How did people who found themselves living under state socialism one...