The main aim of this paper was to shed a new empirical light on the nature and most salient features of the evolving postcommunist capitalism in 11 Central and Eastern European (CEE11) countries against the backdrop of Western European models of capitalism. The research approach capitalizes on...

Part I: Theoretical Background 1. Comparative Capitalism: Conceptual Framework and Theoretical Background [Juliusz Gardawski and Ryszard Rapacki] 2. Emerging Models of Post-Communist Capitalism in Central and Eastern Europe: Survey of the Literature [Ryszard Rapacki, Adam Czerniak, Juliusz...

The paper focuses on three main objectives. First, it assesses the progress of structural reforms implemented in six Western Balkan transition economies, i.e. Albania, Bosnia and Herzegovina, Kosovo, FYR Macedonia, Montenegro and Serbia. Second, it outlines the major economic and institutional...