The article reports results from a four-wave international longitudinal study “Paths of a Generation”representative of young adults in Estonia and Latvia. We looked especially at individual and structural factors predicting success and failure in these transitional societies taken together....

The collapse of the socialist system, designed to be as an alternative to a market-based system, created a natural historical experiment. The countries engaged in this experiment devised various ways to introduce and develop a market-based society. In a previous article [Titma and Roots ():...