The paper explores the determination of foreign direct investment (FDI) into the Balkan transition economies – Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Macedonia, Montenegro, Romania and Serbia. Detailed FDI inflows to Southeast Europe (SEE) are analysed to determine the main...

We investigate how the regional institutional environment—in particular, the political environment—affects Russian new firm entry across regions, industries, firm size classes, and time. We find that entry rates in Russia are explained by natural entry rates and the institutional...

This book gives the results from the international research project "State Enterprise Restructuring in Bulgaria, Romania and Albania" financed by ACE Programme of European Union. The research covers firms from three countries from South Eastern Europe for which enough information is still...

Privatization investment funds are the key feature of mass privatization programmes in transition economies. This book offers a thorough survey of mass privatization programmes in the Czech Republic, Poland and Slovenia, supported with extensive empirical analysis.

In low-income countries privatization, if implemented appropriately, may play an important role in generating growth. Using data recently available from Central and Eastern Europe, we therefore investigate the impact of alternative methods of privatization on economic growth. Our analysis...

This paper investigates the effects of profit-sharing on wages and employment by comparing the labor market behavior of the John Lewis Partnership with that of four main competitors. The John Lewis Partnership employs around 30,000 workers, who since 1970 have been paid between 13 and 24 percent...