While Serbia had initiated the establishment of the two-tier banking system earlier than most of the South East European (SEE) countries (in 1965), the banking reform actually began later than these countries (after 1999). The main reasons to account for that were: 1) very adverse initial...

The subject of this paper is an overall analysis of the Albanian business environment, with special emphasis on the lack of entrepreneurship and managerial skills in Albania. Our questionnaire research (226 out of 350 questionnaires collected) underlined the financing problems that the Small-...

It is conventionally thought that to develop competition in a transition economy, privatization, restructuring, and creation of new firms should take place first. Bulgaria's experience raises the question of whether its chosen methods of privatization reform, and the pace of this reform, are...

A successful transition process may be treated as a tool for the economic development of a country. There is a common consensus that the implication of a market-oriented transition might be deemed as a political development because of the robust relationship existing between the political and...

The subject of this paper is an overall analysis of the Albanian business environment, with special emphasis on the lack of entrepreneurship and managerial skills in Albania. Our questionnaire research (226 out of 350 questionnaires collected) underlined the financing problems that the Small-...

The globalisation concept implied that a growing share of FDI is worldwide in scope and transition countries, in particular, should attract increasing percentage of FDI. However, this did not happen in reality. We argue that there is a regional concentration of FDI which can be seen from many...

A successful transition process may be treated as a tool for the economic development of a country. There is a common consensus that the implication of a market-oriented transition might be deemed as a political development because of the robust relationship existing between the political and...

The subject of this paper is an overall analysis of the Albanian business environment, with special emphasis on the lack of entrepreneurship and managerial skills in Albania. Our questionnaire research (226 out of 350 questionnaires collected) underlined the financing problems that the Small-...

The globalisation concept implied that a growing share of FDI is worldwide in scope and transition countries, in particular, should attract increasing percentage of FDI. However, this did not happen in reality. We argue that there is a regional concentration of FDI which can be seen from many...

While Serbia had initiated the establishment of the two-tier banking system earlier than most of the South East European (SEE) countries (in 1965), the banking reform actually began later than these countries (after 1999). The main reasons to account for that were: 1) very adverse initial...