What is it about?
This article explains why the market fails in many spheres in Eastern European economies. Being historically opportunistic, citizens of those countries cause markets to fall in a low-end equilibrium.
Why is it important?
We can find alternative ways to allocate resources and perhaps borrow on models we have had previously in areas which do not seem to work well on private terms.
The following have contributed to this page: Dr Tamara Peneva Todorova
In partnership with: