This paper compares (former) transition and non-transition economies in Europe and Asia with respect to the opportunities available to achieve entrepreneurial progress. In addition, the differential impacts of three perceived environmental barriers to new venture creation are investigated....

This paper discusses the underpinnings of the financial crisis of the last decade in post-transition countries. It explores the endogenous reasons of this crisis, and in particular a possible link between delayed and unequal growth of household incomes on the one hand and the instability of the...