We examine the role of organized labour in the restructuring experience of two coal-mining regions in the 1990s. Under … similar external circumstances, the Czech Republic’s Ostrava region underwent gradual restructuring from early on whereas … Romania’s Jiu Valley region went through no restructuring until 1997 followed by massive layoffs over two years. We conduct a …

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 …

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 …

strategies do not currently reflect efficiency considerations. Instead, behavior reflects peculiarities of transition: history …

This article investigates issues related to industrial restructuring in Russia. Based on extensive sectoral data it …

This essay deals with the issues of privatisation and restructuring in transition economies. The topics are addressed … resulting ownership form and the expected and actual effect on restructuring behaviour of firms. The essay identifies a slow … progress in privatisation, paired with an overweight of insider owners. Furthermore substantial evidence on slow restructuring …