Privatization And Economic Performance In Central And Eastern Europe

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Privatization and Economic Performance in Central and Eastern Europe

Author : European Association for Comparative Economic Studies
Publisher :
ISBN 13 :
Total Pages : 424 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Privatization and Economic Performance in Central and Eastern Europe by : European Association for Comparative Economic Studies

Download or read book Privatization and Economic Performance in Central and Eastern Europe written by European Association for Comparative Economic Studies and published by . This book was released on 1999 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides analysis of the impact of privatization on the economic performance of companies in Central and Eastern Europe. After considering theoretical issues, contributors provide an in-depth examination of corporate governance and company performance in advanced market and transition economies. A statistical and econometric analysis of extensive company-level data and interviews from a large number of firms between 1990 and 1997 is conducted to discover major factors in changing economic performance. The editor is affiliated with the Hungarian Academy of Sciences. Annotation copyrighted by Book News, Inc., Portland, OR

Privatization in Eastern Europe

Author : Roman Frydman
Publisher :
ISBN 13 :
Total Pages : 246 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis Privatization in Eastern Europe by : Roman Frydman

Download or read book Privatization in Eastern Europe written by Roman Frydman and published by . This book was released on 1994 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: The creation of new economic and legal mechanisms to replace the fallen communist systems of Eastern Europe must surely count as one of the greatest organizational challenges of this century, and economists and politicians alike are constantly grappling with the enormity of the transformation to be achieved. In this volume, the authors give an in depth explanation of their now widely adopted approach to 'privatizing privatization' and chart the evolution of their thinking, particularly in reaction to real events and prevailing conditions. Expanding on the theme of transferring ownership to the private sector through a system of free vouchers and independent intermediaries, Professors Frydman and Rapaczynski address the dangers of bureaucratization and the delicate balance between the evolutionary elements and imposed regulations that must be achieved to make the transition a success. The perfect companion volume to The Privatization Process in Central Europe, this collection of essays provides a brilliant explanation of the most widely accepted theory of privatization in Eastern Europe today.

Privatization and Entrepreneurship

Author : Erdener Kaynak
Publisher : Routledge
ISBN 13 : 1135840199
Total Pages : 410 pages
Book Rating : 4.1/5 (358 download)

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Book Synopsis Privatization and Entrepreneurship by : Erdener Kaynak

Download or read book Privatization and Entrepreneurship written by Erdener Kaynak and published by Routledge. This book was released on 2018-12-07 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: Privatization and Entrepreneurship: The Managerial Challenge in Central and Eastern Europe analyzes the challenges faced by managers in the transforming economies of Central and Eastern Europe and provides penetrating insights into the details of managing in the former socialist countries. This collection’s combination of conceptual/theoretical material with empirical, firsthand case analysis prepares Western managers for a more profitable and less stressful entry into these significant markets. This enlightening book highlights the complexity and breadth of the issues and problems of successfully entering new markets in Central and Eastern Europe. Along the way, you are introduced to such topics as consumer behavior and shown the different forms of foreign direct investment with their associated problems and benefits. If you are searching for ways to better prepare for business in these markets, this book can help you meet your objectives with its helpful information on: ethical concerns and linguistic difficulties of managing in transforming economies management challenges of privatization management challenges of entrepreneurship strategic issues associated with the reorientation of enterprises corporate constituencies, changing consumers, labor unions, and pay practices Privatization and Entrepreneurship will prove valuable to policymakers in economic development and foreign aid agencies, executives of companies planning to expand into Europe and those already active in the region, and academicians and students in management, economics, and political science.

The Politics of Greed

Author : Andrew Harrison Schwartz
Publisher : Rowman & Littlefield Publishers
ISBN 13 : 1461645158
Total Pages : 379 pages
Book Rating : 4.4/5 (616 download)

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Book Synopsis The Politics of Greed by : Andrew Harrison Schwartz

Download or read book The Politics of Greed written by Andrew Harrison Schwartz and published by Rowman & Littlefield Publishers. This book was released on 2006-10-12 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: An in-depth political history of privatization in Central and Eastern Europe, The Politics of Greed demonstrates that the way that assets are privatized matters, both with respect to national economic performance and the successful development of the rule of law. Andrew Harrison Schwartz had unprecedented access to high-level Czech government officials during the Czech Republic's privatization process. This book is the result of the unique insights he gained and the innovative analytical framework he subsequently developed—ownership regime theory—which for the first time places ownership structures at the center of analysis of political transitions. Engaging and important, this book applies ownership regime theory to a broad range of post-communist privatization cases, including those of the Czech Republic, Poland, Hungary, Russia, and Ukraine.

Privatization in Eastern and Central Europe

Author : Farid Dhanji
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 33 pages
Book Rating : 4./5 ( download)

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Book Synopsis Privatization in Eastern and Central Europe by : Farid Dhanji

Download or read book Privatization in Eastern and Central Europe written by Farid Dhanji and published by World Bank Publications. This book was released on 1991 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: The privatization process must be seen as transparent and absolutely above reproach and the rules of the "market" game must be clearly enunciated and adhered to in divestitures. Improvements in economic performance will be considerably diluted if the new market economy is based on an extensive network of special privileges.

Privatizing Eastern Europe

Author : J.M. Van Brabant
Publisher : Springer Science & Business Media
ISBN 13 : 9401128340
Total Pages : 343 pages
Book Rating : 4.4/5 (11 download)

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Book Synopsis Privatizing Eastern Europe by : J.M. Van Brabant

Download or read book Privatizing Eastern Europe written by J.M. Van Brabant and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is meant to be a modest contribution to the ongoing debate about the transitions away from the administrative planning environment typical of the former communist regimes. The central subject matter is a fairly special one, namely the privatization of these economies together with the restoration and effective monitoring of property rights. These are paramount tasks of the ongoing transformations once progress toward pOlitical democracy is secured. Though I would not allot divestment of existing state-owned assets the kind of pivotal importance that some observers reserve for it, changing rules on the utilization of these assets is evidently at the core of what the transition toward market-based economic systems should be all about. Rather than examining the entire range of issues that surround the controvery on privatization, this volume is primarily concerned with the economics of taking the state out of the decision making about existing assets. Among the several aspects of this discussion three stand out. One is the establishment of clear property rights. This is fundamental to minimize trans action costs in an environment where decisions will increasingly be taken by independent economic agents acting on their own account. Second, I look only incidentally at the various angles of creating capital markets, particularly for existing assets, in these economies.

Good Governance in Central and Eastern Europe

Author : Herman Willem Hoen
Publisher : Edward Elgar Publishing
ISBN 13 : 9781782543206
Total Pages : 176 pages
Book Rating : 4.5/5 (432 download)

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Book Synopsis Good Governance in Central and Eastern Europe by : Herman Willem Hoen

Download or read book Good Governance in Central and Eastern Europe written by Herman Willem Hoen and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Undeniably Good Governance in Central and Eastern Europe provides many insights in the political economy of institutional reform and constitutes an important contribution to the growing literature on "second-generation" reforms.' - Carlos Santiso, Democratization The implementation of a democratic order embedded in a market economy environment has proved immensely difficult. Furthermore, this process is subject to tremendous variety within Central and Eastern Europe. Ten years after the collapse of communism it was apparent that only Poland and Slovenia surpassed their 1989 levels of GDP. This book scrutinises the arrangements to enforce good governance in this area both by means of external help and domestic political leadership. From the popular assumption that transformation is a collective good, it follows that the problem of free-riding has to be faced. Consequently there is a danger that transformation may never be completed. This book empirically tests the relationship between economic performance and good governance focusing upon voluntary coercion as a means to prevent free-riding behaviour. The author examines the role of international organisations and discusses elite formation as an important element of good governance - something often ignored in the economic analysis of economic performance.

Privatization Processes in Eastern Europe

Author : Mario Baldassarri
Publisher : Springer
ISBN 13 : 1349230901
Total Pages : 273 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis Privatization Processes in Eastern Europe by : Mario Baldassarri

Download or read book Privatization Processes in Eastern Europe written by Mario Baldassarri and published by Springer. This book was released on 1993-12-15 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Privatising firms and liberalizing their market environment generates in Eastern Europe a variety of problems, many of which are not common to the analogous attempts in industries countries. A first difference between the two experiences resides in establishing the value of the firm or of the assets that are being privatized. A second main difference concerns the lack of the record of market performance for the firm. The book explores these open questions through an overview of on-going and proposed processes in Section 1. In Section 2 theoretical foundations of privatization processes are proposed with respect to the financial market, industrial relations and foreign trade. A final key question is faced in Section 3: 'is there any alternative to privatization?'

Privatization in Eastern Europe

Author : Roman Frydman
Publisher : Central European University Press
ISBN 13 : 9633864917
Total Pages : 239 pages
Book Rating : 4.6/5 (338 download)

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Book Synopsis Privatization in Eastern Europe by : Roman Frydman

Download or read book Privatization in Eastern Europe written by Roman Frydman and published by Central European University Press. This book was released on 1994-01-01 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Eastern Europe privatization is now a mass phenomenon. The authors propose a model of it by means of an illustration from the example of Poland, which envisages the free provision of shares in formerly public undertakings to employees and consumers, and the provision of corporate finance from foreign intermediaries. One danger that emerges is that of bureaucratization. On the broader canvas, mass privatization implies the reform of the whole system, the creation of a suitable economic infrastructure for a market economy and the institutions of corporate governance. The authors point out the need for a delicate balance between evolution - which may be too slow - and design - which brings the risk of more government involvement than it is able to manage. A chapter originating as a European Bank working paper explores the banking implications of setting up a totally new financial sector with interlocking classes of assets. The economic effects merge into politics as the role of the state is investigated. Teachers and graduate students of public/private sector economies, East European affairs; advisers to bankers or commercial companies with Eastern European interests.

Private Ownership and Corporate Performance

Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4./5 ( download)

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Book Synopsis Private Ownership and Corporate Performance by :

Download or read book Private Ownership and Corporate Performance written by and published by World Bank Publications. This book was released on 1997 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The assumption behind privatisation in eastern Europe and elsewhere is that private ownership improves corporate performance. We focus on comparing the performance of state firms with either private or privatised firms operating under reasonably similar conditions in three countries of eastern Europe. We supplement this comparison by an examination of the relative performance of privatised and state firms in the period before the former were privatised. Our empirical results confirm the hypothesis that the effect of ownership change is particularly pronounced on the revenue side of corporate performance. In general, we find that firms with outsider owners significantly outperform the firms with insider owners on most performance measures, and that the employees are particularly ineffective owners (indeed less effective than the state). Subscribe to publications email alerts.

Privatization Surprises in Transition Economies

Author : Milica Uvalić
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 348 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Privatization Surprises in Transition Economies by : Milica Uvalić

Download or read book Privatization Surprises in Transition Economies written by Milica Uvalić and published by Edward Elgar Publishing. This book was released on 1997 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: A wide-ranging survey which considers employee ownership within privatization legislation and its diffusion and implementation problems in 14 transitional economies. Ten articles address issues such as enterprise restructuring, employment, wages, productivity, and investment policies. The authors conclude that the employee ownership method has proven to be one of the quickest and has brought with it many positive changes. They also identify possible improvements such as the use of employee ownership in combination with other methods. Annotation copyrighted by Book News, Inc., Portland, OR

Going to Market

Author : Manuel Hinds
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 27 pages
Book Rating : 4./5 ( download)

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Book Synopsis Going to Market by : Manuel Hinds

Download or read book Going to Market written by Manuel Hinds and published by World Bank Publications. This book was released on 1991 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Insights into the major task of privatization facing Eastern European countries: about the key decisions to be made and about such important issues as whether to sell state enterprises or give them away (and to whom and in what sequence).

Privatization and Economic Performance

Author : Matthew Bishop
Publisher :
ISBN 13 : 9781383033052
Total Pages : 0 pages
Book Rating : 4.0/5 (33 download)

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Book Synopsis Privatization and Economic Performance by : Matthew Bishop

Download or read book Privatization and Economic Performance written by Matthew Bishop and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most enduring legacies of the 1980s has been the programme of privatizations that the Thatcher government set in train in the first half of the decade. Whole sectors of the UK economy which were formerly part of the public sector were sold off to the private sector. Some were bought out by their employees; others were bought by the public at large. Some public services were contracted out to the private sector; others were placed on a more commercial footing. The UK privatization programme had an influence on economic policy throughout the world. Privatization programmes were initiated in Asia, South America, and Africa, as well as Europe and North America. The most recent to experiment with privatizations have been the East European countries which have seen privatization as the fastest route to move from socialism to capitalism.

Privatization and Restructuring in Central and Eastern Europe

Author : Gerhard Pohl
Publisher : World Bank Publications
ISBN 13 : 9780821339756
Total Pages : 48 pages
Book Rating : 4.3/5 (397 download)

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Book Synopsis Privatization and Restructuring in Central and Eastern Europe by : Gerhard Pohl

Download or read book Privatization and Restructuring in Central and Eastern Europe written by Gerhard Pohl and published by World Bank Publications. This book was released on 1997-01-01 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do women in most developing countries lag behind men in literacy? Why do women get less schooling than men? This anthology examines the educational decisions that deprive women of an equal education. It assembles the most up-to-date data, organized by region. Each paper links the data with other measures of economic and social development. This approach helps explain the effects different levels of education have on womens' fertility, mortality rates, life expectancy, and income. Also described are the effects of women's education on family welfare. The authors look at family size and women's labor status and earnings. They examine child and maternal health, as well as investments in children's education. Their investigation demonstrates that women with a better education enjoy greater economic growth and provide a more nurturing family life. It suggests that when a country denies women an equal education, the nation's welfare suffers. Current strategies used to improve schooling for girls and women are examined in detail. The authors suggest an ambitious agenda for educating women. It seeks to close the gender gap by the next century. Published for The World Bank by The Johns Hopkins University Press.

Privatization at the End of the Century

Author : Herbert Giersch
Publisher : Springer Science & Business Media
ISBN 13 : 3642608256
Total Pages : 362 pages
Book Rating : 4.6/5 (426 download)

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Book Synopsis Privatization at the End of the Century by : Herbert Giersch

Download or read book Privatization at the End of the Century written by Herbert Giersch and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the end of the century, privatization has become a worldwide phenomenon. It is taking place in what was once called the first, the second, and the third world. The volume mirrors this expansion of privatization. In Part I on the economics of privatization, historical, theoretical, and politico-economic issues are covered. In Part II country studies are presented for China, the Czech Republic, Eastern Germany, Estonia, Hungary, Poland, Russia and the United Kingdom. In Part III a broader view on privatization is taken by including deregulation and the private provision of public goods and services.The book contains contributions by D.BAs, T.Eggertsson, R.P.Heinrich, P. Jasinski, H.Klodt, B.Krug, D.Lal, S.C.Littlechild, M. Mejstrik, P.Mihalyi, P.Plane, J.-J.Rosa, K.M.Schmidt and M.Schnitzer, and U.Siegmund.

Accelerating Privatization in Eastern Europe

Author : Jeffrey Sachs
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Accelerating Privatization in Eastern Europe by : Jeffrey Sachs

Download or read book Accelerating Privatization in Eastern Europe written by Jeffrey Sachs and published by . This book was released on 1991 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Privatization and Economic Reform in Central Europe

Author : Dennis A. Rondinelli
Publisher : Praeger
ISBN 13 :
Total Pages : 336 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Privatization and Economic Reform in Central Europe by : Dennis A. Rondinelli

Download or read book Privatization and Economic Reform in Central Europe written by Dennis A. Rondinelli and published by Praeger. This book was released on 1994-01-26 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fundamental characteristic of the global economy during the 1990s is the reinvigoration of the private sector as the driving force for economic growth and social progress. This book surveys Central Europe during the early period of transition from late 1989 to early 1993, when governments were experimenting with privatization and economic reform, and assesses how privatization and economic reform policies have changed the business climate there. Rondinelli and his contributors provide an overview of economic reforms in Central European countries, offer a framework by which to compare them, describe the approaches to privatization their governments adopted, and identify the problems and challenges that each country faces in attempting to create a market-oriented economy. The result is a valuable resource for international management, international trade policy makers, and scholars of international business. The process of economic restructuring is especially important and particularly complex in Central Europe, where Poland, Hungary, the Czech and Slovak Republics, Slovenia, and other independent states of former Yugoslavia are struggling to transform themselves from socialist to market economies. Each country faces equally complex challenges, however, in creating a new business climate that will nourish domestic enterprise and attract investments by multinational corporations. These challenges include: (1) privatizing state-owned enterprises that have dominated the economies of socialist countries; (2) developing public policies and programs that support the private sector, especially small- and medium-scale enterprises; (3) decentralizing the state administrative structure to allow regional and local governments to play a more active role in providing public services and supporting private enterprise; and (4) restructuring industry, agriculture, and services in order to diversify and reinvigorate the economic base (including infrastructure) of regions surrounding cities that are still dominated by heavy (and now largely obsolescent) manufacturing industries. This book surveys the situation in Central Europe during the early period of transition in the early 1990s when governments in all four countries were experimenting with privatization and economic reform. The authors assess how privatization and economic reform policies have changed the business climate in this important region of the world. The editor provides an overview of economic reforms in Central European countries, offers a framework by which to compare them, describes the approaches to privatization their governments adopted, and identifies the problems and challenges that each country faces in attempting to create a market-oriented economy.