Summary The rise of the East-German economy in the 1950s and 1960s and its decline in the 1970s and 1980s is difficult to explain by neoclassical economics. However; the observed life cycle may be explained by the inclusion of concepts from old and new institutional economics and from functional...

The transitional problems of formerly centrally planned economies have received much attention, in terms of both economic advice and wider academic consideration. In order to develop concrete gap‐bridging measures, micro as well as macro economic concerns need to be addressed and timing and...

After the rapid and dramatic demise of the Soviet Union in 1991, 15 ewly autonomous republics are restructuring their economies after decades of central Communist planning. The three Baltic states of Latvia, Lithuania and Estonia had successful market‐oriented economies during more than two...

Purpose – To provide an analysis of the privatisation of the Czech Republic's former state‐owned telecommunications monopoly, Český Telecom, in relation to governance, organisational restructuring and strategic human resource management (SHRM) practices. Design/methodology/approach –...