Privatization and Economic Reform in Central Europe

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Author :
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.

Privatization and Economic Reform in Central Europe

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Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (442 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 . This book was released on 1992 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Privatization in Central and Eastern Europe

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Author :
Publisher : Bloomsbury Publishing USA
ISBN 13 : 0313022259
Total Pages : 224 pages
Book Rating : 4.3/5 (13 download)

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Book Synopsis Privatization in Central and Eastern Europe by : June G. Hopps

Download or read book Privatization in Central and Eastern Europe written by June G. Hopps and published by Bloomsbury Publishing USA. This book was released on 1998-08-27 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Central and Eastern European countries are facing the transition from central to market systems with different strategies and capacities. As the task of societal transformation is without precedent in world history, the massive economic restructuring has revealed the need for distributive justice and general well-being. As the editors and contributors to this volume point out, the monolithic preoccupation with economic restructuring in a market economics framework is implemented at the expense of social protection and security. In contrast to traditional views of privatization as only an economic or managerial phenomenon, this collection approaches privatization as a broader integrated process of societal transformation. Privatization as defined here consists of integrated processes of societal restructuring that affect sociopolitical, economic, and ideological constructs as well as human and physical capital development, transformation of family structures, market stabilization, and organization of social care. Public policymakers as well as scholars and researchers of contemporary Eastern Europe will find this collection of great interest, and an important challenge to the economic models of privatization which undervalue social costs.

The Privatization Process in East-Central Europe

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 1461563518
Total Pages : 346 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis The Privatization Process in East-Central Europe by : Michal Mejstrík

Download or read book The Privatization Process in East-Central Europe written by Michal Mejstrík and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is beyond any doubt that East-Central European countries such as Czech Republic, Hungary, Poland and Slovakia has dramatically changed its shape through its radical transition from centrally planned to the market economies in last 7 years. Many economists divide the process of economic transformation into areas of Stabilization, Liberalization, and Privatization/Restructuring. The traditional view is that stabilization and liberalization can be achieved rather quickly-by balancing budgets, balance of payments, tightening money supply, freeing prices and liberalizing trade-but that the area of privatization is one that could be moved to the future and will require much more time. Until 1991, none of the post-communist nations except former East Germany (which had a large decree of support from West Germany) had succeeded in privatizing large numbers of enterprises, even though more than two years had passed since the changes in government in these nations. The privatization has been, however, seen as an extremely important part of reform package together with stabilization and liberalization especially in the Czech Republic from the very beginning. The Czechs originally as a part of the Czechoslovak Federal Republic embarked on an unprecedented path that should have lead not only to stabilization and liberalization, but also to very rapid, mass privatization of its sector of large enterprises that have dominated its economy to an extreme extent.

The Politics of Greed

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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: With the dissolution of the Soviet Empire, it seemed that market capitalism had triumphed and that democracy might replace authoritarian regimes. Economic reformers in the former Eastern Bloc rushed to liberalize prices and transfer state assets to private hands. They assumed that private owners in a market setting would have no choice but to behave rationally—that is, to invest in restructuring privatized enterprises so as to maximize profits. They also assumed that these owners would perceive a stable institutional environment as conducive to economic success and thus become a powerful lobby in favor of the rule of law, paving the way for democracy. The post-communist reality turned out to be very different. Private owners found that in a weak state with limited laws and regulations and ineffective corporate governance structures, it was more lucrative to steal enterprise assets and exploit opportunities for arbitrage than to restructure enterprises. The lesson learned is that not all forms of private ownership are the same. As this book's in-depth political history of privatization in Central and Eastern Europe demonstrates, 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 political transition analysis. Engaging and important, The Politics of Greed applies ownership regime theory to a broad range of post-communist privatization cases, including those of the Czech Republic, Poland, Hungary, Russia, and Ukraine.

Going to Market

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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).

Social and Economic Transformation in East Central Europe

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 262 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis Social and Economic Transformation in East Central Europe by : Terry Cox

Download or read book Social and Economic Transformation in East Central Europe written by Terry Cox and published by Edward Elgar Publishing. This book was released on 1999 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses not only on economic and political transformation since the demise of communism in Eastern and Central Europe, but also on the relationships between economic organization, social patterns and institutional change. The changes in political structure and policies of economic reform have in turn resulted in changes in social institutions and patterns of social relations. The authors look at social relations under the old regimes to understand the current social transformation. They consider economic restructuring both in the context of social change and in terms of its consequences for society, using case studies from the Czech Republic, Hungary and Poland. The impact of economic changes on new forms of institutional arrangements, social patterns and organization are also discussed taking into account privatization, employment, social welfare, property and industrial relations. This new book will be welcomed by economists, political scientists and sociologists working in the area of transition.

Economic Reforms and Capital Markets in Central Europe

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Publisher : Routledge
ISBN 13 : 1351159399
Total Pages : 296 pages
Book Rating : 4.3/5 (511 download)

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Book Synopsis Economic Reforms and Capital Markets in Central Europe by : Ken Morita

Download or read book Economic Reforms and Capital Markets in Central Europe written by Ken Morita and published by Routledge. This book was released on 2017-11-30 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is the economic reform of Central Europe influenced by or an influence upon capital markets? Where does globalization fit in? Ken Morita's pioneering work investigates the relationship between the systemic transition of Central European economies and capital markets, in particular the commodity futures markets and speculation.

East-Central European Economies in Transition

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Publisher : Routledge
ISBN 13 : 1315481758
Total Pages : 915 pages
Book Rating : 4.3/5 (154 download)

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Book Synopsis East-Central European Economies in Transition by : John P. Hardt

Download or read book East-Central European Economies in Transition written by John P. Hardt and published by Routledge. This book was released on 2016-09-16 with total page 915 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume makes JEC-commissioned expert studies of economic developments in East-Central Europe available to business people, educators and students. Coverage includes economic, political and social reform issues, regional relations, and the impact of Western assistance programmes.

Privatization in the Countries of Eastern and Central Europe and of the Former Soviet Union

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Author :
Publisher :
ISBN 13 :
Total Pages : 80 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Privatization in the Countries of Eastern and Central Europe and of the Former Soviet Union by : Pekka Sutela

Download or read book Privatization in the Countries of Eastern and Central Europe and of the Former Soviet Union written by Pekka Sutela and published by . This book was released on 1998 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:

East-Central European Economies in Transition

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Publisher :
ISBN 13 :
Total Pages : 706 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis East-Central European Economies in Transition by :

Download or read book East-Central European Economies in Transition written by and published by . This book was released on 1994 with total page 706 pages. Available in PDF, EPUB and Kindle. Book excerpt: Distributed to some depository libraries in microfiche.

Privatization in Eastern Europe

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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.

The New Great Transformation?

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Publisher : Routledge
ISBN 13 : 1134872526
Total Pages : 241 pages
Book Rating : 4.1/5 (348 download)

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Book Synopsis The New Great Transformation? by : Christopher Bryant

Download or read book The New Great Transformation? written by Christopher Bryant and published by Routledge. This book was released on 2002-11 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book provides an essential guide to the social, political and economic upheavals in post-communist Europe

Transitions to Capitalism and Democracy in Russia and Central Europe

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Author :
Publisher : Praeger
ISBN 13 :
Total Pages : 360 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Transitions to Capitalism and Democracy in Russia and Central Europe by : M. Donald Hancock

Download or read book Transitions to Capitalism and Democracy in Russia and Central Europe written by M. Donald Hancock and published by Praeger. This book was released on 2000-04-30 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hancock and Logue, along with their contributors, seek to explicate the achievements, problems, and prospects of simultaneous processes of economic and political transitions from communism to contrasting forms of market economies and democracy in Russia, Poland, the Czech Republic, Hungary, Slovenia, and eastern Germany. Contributors include 14 American and European scholars with intimate professional and personal familiarity with the various case studies. The contributors draw on process analysis and transition theory to explore different national approaches to privatization. This includes individual voucher schemes, the use of investment funds, the direct sale of former state owned enterprises, employee buy outs, direct foreign investments and their consequences for parallel processes of marketization and democratization. A quarter of the volume is devoted to comparative analyses of contrasting modes of privatization, the role of public opinion and law in the transition process, and the international economic and political context of postcommunist transformation. An important analysis for scholars, students, and other researchers involved with postcommunist economic and political change.

Politics and Policies in Post-Communist Transition

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Publisher : Central European University Press
ISBN 13 : 9639776912
Total Pages : 202 pages
Book Rating : 4.6/5 (397 download)

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Book Synopsis Politics and Policies in Post-Communist Transition by : Károly Attila Soós

Download or read book Politics and Policies in Post-Communist Transition written by Károly Attila Soós and published by Central European University Press. This book was released on 2011-01-10 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses the policies, practices and outcomes of privatization in six transition economies: the Czech Republic, Hungary, Poland, Russia, Slovenia and Ukraine, paying particular attention to cross-country differences and to interrelations between the processes of privatisation and the political transition from communism to a new system.The analysis is restricted to the privatisation in those fields where its methods have been strongly different from privatisations in advanced market economies and where differences of privatisation principles and techniques among our six countries were also rather various. This is basically the privatisation of middle-sized and large enterprises, not including banks, non-bank financial companies, natural monopolies and agricultural entities.

Entrepreneurship and Economic Transition in Central Europe

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Publisher : Springer Science & Business Media
ISBN 13 : 9780792382799
Total Pages : 248 pages
Book Rating : 4.3/5 (827 download)

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Book Synopsis Entrepreneurship and Economic Transition in Central Europe by : Jean-Paul Larçon

Download or read book Entrepreneurship and Economic Transition in Central Europe written by Jean-Paul Larçon and published by Springer Science & Business Media. This book was released on 1998-10-31 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the fall of the Berlin Wall in 1989, Central European economies have been moving rapidly toward a common set of goals: political democracy, market-oriented economies and integration into the European and international business community. For businesses, Central Europe offers a unique window of opportunity and, in particular, two comparative advantages: a low-cost qualified workforce and stronger growth rates than mature Western European economies. This opportunity, seized by local entrepreneurs and foreign enterprises alike, is a significant competitive threat to companies not present in the region, or who have not found alternative strategies for increased growth and competitiveness. This book addresses economic transitions in Central Europe and analyzes the problems of Central European integration in the European Union.

Policy Coherence and Economic Reforms in Central and Eastern Europe

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Author :
Publisher :
ISBN 13 : 9783830050544
Total Pages : 383 pages
Book Rating : 4.0/5 (55 download)

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Book Synopsis Policy Coherence and Economic Reforms in Central and Eastern Europe by : Romana Careja

Download or read book Policy Coherence and Economic Reforms in Central and Eastern Europe written by Romana Careja and published by . This book was released on 2010 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: