Twenty years after the fall of communism in the Czech Republic, the Communist Party of Bohemia and Moravia (KSČM) continues to garner public support and maintains its presence in parliament. The party’s endurance is surprising given the country’s relative economic success and the presence...

The debate on the privatization of enterprises in Eastern Europe often presumes that enterprises are still controlled by an identifiable entity called "the state". This, however, is no longer the case. Since the demise of tight central planning, the nominally state-owned enterprises are de facto...

Mass privatization offers a particularly suitable framework to study the change in ownership concentration as the extent of change is unusual for a stable market economy. Focusing on two different mass privatization schemes in two transition economies, Poland and the Czech Republic, we find that...