infrastructure and the regions. Most of the topics deal with the long-term integration process in Europe, with a particular focus on …

This paper aims to explain the rise and fall of communism by exploring the interplay between economic incentives and … ownership, and back to restoring market incentives. The grand experiment of communism is thus characterized to have led to the … long-run transitions from capitalism to communism and back observed in the course of the 20-th century, the model also …

process in two different institutional settings, a number of mature market economies of Western Europe and a number of … advanced transition economies from Central and Eastern Europe. A four-equation model, originating in the work of Crepon et al …