Most countries commonly classified as "in transition" are still recognisably different from other countries with a similar income per capita in some respects: a larger share of their work force is in industry, they use more energy, they have a more extensive infrastructure and invest more in...

We use data collected from employees in five transition economies to study whether locus of control and preference for challenge versus affiliation are positively related to worker performance. Participants with more education and who held supervisory positions were more likely to exhibit...

Financial globalisation has been associated with divergent current account patterns in emerging market economies. While countries in emerging Asia have been running sizeable current account surpluses, countries in emerging Europe have been facing large current account deficits. In this paper we...