Thirty years after the collapse of the Soviet Union, it is rather clear what transition policies have worked. Almost …

adjustment costs during the transition, but private ownership and product market competition appear to increase responsiveness …

, but increased slightly during the transition, while job destruction rose markedly. Heterogeneity in firm employment change … during the socialist period, while they have made a strong positive contribution during the transition. Privatization and …

adjustments have become more sensitive to adjustment costs during the transition, but worker and manager ownership are associated …

How do economic policies and institutions affect job reallocation processes and their consequences for productivity …

The transition economies have lower rates of entrepreneurship than are observed in most developed and developing market …-supporting institutions. But many of these developments have now taken place, yet entrepreneurial activity still remains low in many places …. To analyse this longer term issue, we highlight the necessarily slow pace of development of new informal institutions and …

adjustments have become more sensitive to adjustment costs during the transition, but worker and manager ownership are associated …

not especially low by international standards and are correlated with natural entry rates, institutions and firm size …