Any young postgraduate student coming from a former communist country to the West to research economy or finance in last several decades, was destined to be stunned finding that the focus of the academy and the finance industry was much more on the “cool” concept of Mergers and Acquisitions than on economic value creation, growth, or on the infamous invisible hand of the market forces.

Any young postgraduate student coming from a former communist country to the West to research economy or finance in last several decades, was destined to be stunned finding that the focus of the academy and the finance industry was much more on the “cool” concept of Mergers and Acquisitions than on economic value creation, growth, or on the infamous invisible hand of the market forces.
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