The Emergence and Evolution of Markets examines the development of markets based on empirical examples from Western economies and from the post-socialist economies of Eastern Europe. It provides an historical dimension to the present problems of transition.

This groundbreaking book discusses the significance of a microeconomic approach to the transformation process in Eastern Europe from a theoretical and empirical perspective. It reveals that microeconomic conditions constitute the framework for the successful restructuring and recovery of the...

The Economic Impact of New Firms in Post-Socialist Countries analyses the emergence and contribution of new entrepreneurs in the transforming economies of Eastern Europe. Small firms and new enterprises are widely assumed to play an important role in the process of economic development and...