In this paper, we study the evolution of corruption patterns in 27 postcommunist countries during the period 1996-2012 using the Control of Corruption Index and the corruption category Markov transition probability matrix. This method allows us to generate the long-run distribution of corruption...

This paper studies the determinants of German direct investment in the Central and Eastern European countries during the period 1996-2016 using the augmented Knowledge Capital model to identify the main reasons for foreign direct investment (FDI). The empirical results show increasing...