Cities in Europe are increasingly challenged by their responsibilities to provide public services and infrastructure. Many of them face the necessity for the modernisation and restructuring of their public infrastructural facilities, e.g. the local public transport infrastructure, utilities,...

Process of economic transition influences every aspect of economy. Capital formation process in post-socialist countries is very interesting. I check what are the determinants of level of investments during the transition process. I found that despite of high level of accumulation in socialist...