Free 'Entry' and free 'Exit' are fundamental mechanisms of the competitive market economy operation. Free entry ensures that potential entrepreneurs will take advantage of profitable opportunities and enter profitable segments of the market, increasing competitive pressure on the incumbent...

Free 'Entry' and free 'Exit' are fundamental mechanisms of the competitive market economy operation. Free entry ensures that potential entrepreneurs will take advantage of profitable opportunities and enter profitable segments of the market, increasing competitive pressure on the incumbent...

This book is about barriers to entry in early transition. It analyses the barriers faced by new private firms in five countries at different stages of transition: the Czech Republic, Hungary and Poland as the front-runners of the process, and Albania and Lithuania which followed them later. It...