This study explored the linkage between financial development, human resources, and economic growth in a group of twenty-five transition countries during the period 1995-2019. The author applied a range of estimations such as Ordinary Least Squares (OLS), fixed effects model, and two-step GMM...

Supportive institutional environments help build the foundations for innovative and productive entrepreneurship. A few post-Soviet countries have benefitted from international integration through EU membership, which enabled the development of democracy and free market principles. However, many...