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The former communist countries of Central and Eastern Europe and the successor states to the former Soviet Union are attempting to create the institutions needed for a modern market economy and a modern democratic welfare state.

This book explores the operating mechanisms of the Russian economy in a comparative perspective, and offers fascinating insights into how a socio-economic infrastructure has been created which continues to exert an influence on modern-day Russia and limits its development.

The Balkan countries have been looking for good examples and ideas to pursue development and internal integration in destabilized and ethnically complex and conflicting areas. This book about transformation in the framework of European outlines the path of the Balkans to European integration.

This book provides a comparative analysis of the emerging corporate control structures in the transition economies of Russia and Poland. It explores what kind of ownership structures are emerging and examines the directions of secondary ownership flows in both countries, and the impact of the government on corporations.

The most comprehensive and up-to-date analysis of the successes and failures of 27 countries post-communism transformation. Looking at life after the fall of the Berlin wall in 1989, the book examines and contrasts why some countries have virtually completed their transformation to a liberal polity and economy, while others lag behind.

This collection provides exceptional descriptive and analytical insights into changes in corporate governance settings in ten Eastern and Western European countries. This book should be of great interest to scholars and students of comparative national systems, corporate governance and European studies.

The analysis in this book reflects various aspects of financial sector transformation in selected Central European countries that are expected to join the EU in 2004.

Presenting a wealth of new ethnographic and interview-based research, Critical Management Research in Eastern Europe argues that the reform process in Central and Eastern Europe has been dominated by the traditional 'Western' view of management practice.

Central and Eastern European countries are entering the development race at a crucial juncture in EU enlargement and the wider phenomenon of globalization. In this book, Julie Pellegrin looks at whether and how production networks develop in Central and Eastern European countries and assesses their chances of catching up with the rest of Europe.

Hella Engerer analyses the emergence, evolution and theory of property rights and establishes the limits for privatization of state owned enterprises in the transitional economies of Eastern Europe.

This book provides an in-depth analysis of the role of foreign-owned banks for credit growth, financial stability and economic growth in the post-communist European countries. Using data covering 20 countries over the period from 1995 to 2015, the authors analyse the evolution of banking sectors in CESEE after the transformation in the historical context. This helps draw a new picture of the role of financial development and EU accession in that region, being also a lesson for other countries or regions in transition. Additionally, as the Global Financial Crisis has left a stigma in banking sectors, the book shows its impact on the post-communist banking sectors. As the foreign banks dominate the banking sectors in CESEE countries (the stake of foreign-owned banks is below 50% of assets in only five out of 20 countries), their strategies materially impact the development of CESEE banking sectors, which warrants our scientific exploration.Arriving at a clear concluding point of view on the role of foreign-owned banks and providing insights for future policy of CESEEs towards foreign presence in their banking sectors, this book should be of interest to academics, students, and policymakers.

Fifteen years ago, twenty-seven countries in Europe and Central Asia embarked on their economic transition paths. This book discusses these questions in the context of new empirical evidence, including a critical examination of the main themes in the economics of transition literature.

The book asks whether transplanting banks can solve the problems involved in creating a well-functioning market economy from outside, looking especially at the virtually complete takeover of East German banks by their Western counterparts after unification.

What will joining the EU mean for the new Eastern member states and their economies? The authors discuss the lack of competitiveness of Eastern countries and their need for structural adjustments (in the financial sector, in agriculture, and in manufacturing) in order for them to survive and thrive in their new economic environment.

The volume focuses on privatisation in transition countries, addressing issues ranging from corporate governance to the relationship between privatisation and the emergence of markets, from a multi-disciplinary perspective.

This book covers a wide variety of aspects of transition in Central and Southeast Europe and the CIS, including the socialist legacy, privatization and growth, skills, and banking reforms. It also covers the evolution of the global economy beyond transition, looking at complexity, risk management, the optimal transition path, and globalization.

This book analyzes and assesses corporate restructuring and governance in transition countries focusing on the Czech Republic, Hungary, and Russia. Using original material and publications in local languages, the book addresses the core issues for these countries in transformation into competitive market economies.

This book sets the experiences of former communist countries as they head towards capitalism against the 'varieties of capitalism' paradigm, and provides a framework for comparing transformation processes, demonstrating how differing heritages of communist and pre-communist pasts are leading to different kinds of capitalist economies.

This book explores the disastrous economic consequences of pseudo lending for pseudo reforms that occurred when the IMF, as a representative of the West, pretended to aid the transition economy of post-communist Russia through stabilization while the Russian government promised reforms.

By combining insights from Europeanization, globalization, varieties of capitalism, and policy transfer literature, this book reconceptualizes the dynamics taking place during the EU enlargement process and makes a major contribution to the understanding of the relationships between institutional transformation and economic performance.