Social foundations of economy -- The argument -- Social-constructivist perspective on economic organization and action -- The empirical case: foreign direct investment in postsocialist europe -- From socialism to postsocialism -- Socialism -- Challenges of the postsocialist transformation:...

This paper analyses real income convergence in central, eastern and south-eastern Europe (CESEE) to the most advanced EU economies between 2000 and 2016. The relevance of this topic stems both from the far-reaching implications of real income convergence for economic welfare and the importance...