The Former Yugoslav Republic of Macedonia (FYROM) belongs to the transition economies that have witnessed significant structural changes in their domestic markets during the 2000s. We examine the evolution of the banking competition from 2003 until 2011, covering the first period of economic...

This paper sheds light on the impact of bank concentration on the entrepreneurial initiative in the Central and Eastern European transition countries over the period 2000-2007. Our investigation provides evidence of a non-monotonic relationship: bank concentration promotes entrepreneurship;...

The country of FYROM belongs in the transition economies that have witnessed significant structural changes in their domestic markets during the 2000s. We examine the evolution of the banking competition from 2003 until 2011, covering a first period of economic growth followed by the acute...

Belarus was among the few post-communist countries to resign from comprehensive market reforms and attempt to improve the efficiency of the economy through administrative means, leaving market mechanisms only an auxiliary role. Since its inception, the 'Belarusian economic model' has undergone...