This book provides a historically and conceptually grounded analysis of the transformation of finance and business in several countries in Central Europé and the Baltic States after the collapse of the Soviet Union. The Fall of the Berlin Wall began a new, and unexpected period of European...

In command economies, inflation is either absent or at least unrelated to supply and demand. However, when the economies in Eastern Europe started transforming into market economies, they suddenly experienced high and volatile inflation rates. Transformation countries are therefore interesting...

Chapter 1: Introduction to "Entrepreneurship in Post-Communist Countries: New Drivers towards a Market Economy" -- Part 1: Entrepreneurship in Post-Transition Context -- Chapter 2: The influence of the motives of entrepreneurial activity on economic growth of developing countries in Southeast...

The authors of this outstanding scholarly work analyze the dynamics of disinflation in transition economies in Central and Eastern Europe. The volume covers all the key factors of this process: changes in money supply and money demand; exchange rate policy; currency crisis; fiscal policy; legal...

This paper investigates the effects of macroeconomic and structural variables on financial intermediation. To this end, it presents a theoretical foundation for two new measures of intermediation, the money multiplier and the ratio of private sector credit to monetary base. Results from panel...