Why the “New European Neighbours” at the South East of Europe, after more than 10 years of transition and European Neighbourhood Policy (ENP), are not sufficiently attractive for inward Foreign Direct Investment (FDI)? The experience of Central and Eastern European Countries has shown that...

The collapse of the communist system during the late 1980’s redefined the hierarchy among Central and Eastern European Countries (CEECs) and the former USSR. Some of these countries joined the EU ; some did not ; others formed the CIS . In particular, institutions, mainly market and political...

The aim of this paper is to analyse in a more qualitative way the role of institutions in transitional countries in the CEECs and CIS. The main question we address is: what kind of institutional arrangement leads to Human development? We propose an analytical pattern where global performance...