a column by Artjoms Ivlevs, Milena Nikolova and Olga Popova for VOX: CEPR’s Policy Portal
Following the collapse of communism in Central and Eastern Europe, many former Communist Party members launched businesses.
This column relies on individual-level survey data to document how entrepreneurial activity was driven by the connections, resources, and opportunities associated with former membership of the ruling party rather than by entrepreneurial skills or individual talent.
The findings underscore the fact that former Communist Party networks continue to affect business practices in Central and Eastern Europe.
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Labels:
Central_and_Eastern_Europe, entrepreneurship, SMEs, Communist_Party, communism,
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