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The Economics Of Enterprise Restructuring In Central And Eastern Europe
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Book Synopsis The Economics of Enterprise Restructuring in Central and Eastern Europe by : Philippe Aghion
Download or read book The Economics of Enterprise Restructuring in Central and Eastern Europe written by Philippe Aghion and published by . This book was released on 1994 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Market Meets Its Match by : Alice Hoffenberg Amsden
Download or read book The Market Meets Its Match written by Alice Hoffenberg Amsden and published by Harvard University Press. This book was released on 1998 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Under free-market shock therapy, many economies of former socialist countries of Eastern Europe have declined. Why has there been so much stagnation, inflation, and de-industrialization, and what can be done to produce a turnaround? This book addresses these questions in revealing detail.
Book Synopsis Enterprise Restructuring and Economic Policy in Russia by : Simon Commander
Download or read book Enterprise Restructuring and Economic Policy in Russia written by Simon Commander and published by World Bank Publications. This book was released on 1996-01-01 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers the achievements and challenges facing East Asia's workers. The report reviews labor outcomes and evaluates the benefits of rapid growth to workers and the impact that the region's role in the global economy has had on them. It also examines labor market policies and institutions in the region, labor in the transition economies, and the outlook for East Asian workers in the 21st century. Also available: World Development Report 1995: Workers in an Integrating World Stock no. 61102 (ISBN 0-19-521102-2).
Book Synopsis Enterprise Restructuring in Eastern Europe by : Bernard Hoekman
Download or read book Enterprise Restructuring in Eastern Europe written by Bernard Hoekman and published by . This book was released on 2016 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Czech Republic, the Eastern European country that has pursued mass privatization most actively and credibly, has also done best in restructuring its industries and reorienting them toward world markets. Countries that pursued a gradualist approach - Hungary being the main example - have changed their export structure less but have also experienced above-average export growth.What kind of privatization program is best suited to stimulate enterprise restructuring in former centrally planned economies? One view, expressed by most Western business and political leaders, is that privatization is best pursued case by case, with emphasis on sales to new owners, including foreign investors.Another view, espoused by a minority of radical economists and economists-turned-politician, was that restructuring is best pursued through economic incentives, combined with mass privatization of state enterprises so that they become widely held (public) joint stock corporations.The ultimate test, of course, is future productivity growth and rising welfare standards. We cannot yet measure these. The disaggregated data on production and employment by industry required for such a measure either are not available or are unreliable.The only objective measure available - comparable across countries - is export performance. Trade data reveal to what extent firms have been able to reorient themselves to create and exploit competitive advantages. We now have four years of data, enough to get an idea of what is going on, and to compare one Central or Eastern European country's performance against another's.The data suggest that the Czech Republic, the country that has pursued mass privatization most actively and credibly, has also done best in restructuring its industries and reorienting them toward world markets. Those that pursued a gradualist approach - Hungary being the main example - have changed their export structure less, but export growth has also been above average.This paper - a product of the Finance and Private Sector Development Division, Europe and Central Asia, and Middle East and North Africa Regions, Technical Department - is part of a larger effort in the region to analyze progress and policy options in transition economies. The authors may be contacted at [email protected] or [email protected].
Book Synopsis Enterprise Restructuring in Early Transition by : Wendy Carlin
Download or read book Enterprise Restructuring in Early Transition written by Wendy Carlin and published by . This book was released on 1995 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Enterprise Restructuring and Foreign Investment in the Transforming East by : Valdas Samonis
Download or read book Enterprise Restructuring and Foreign Investment in the Transforming East written by Valdas Samonis and published by Psychology Press. This book was released on 1998 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Enterprise Restructuring and Foreign Investment in the Transforming East: The Impact of Privatization explores the dynamic interrelationships between enterprise restructuring and foreign investment in transition economies of postcommunist countries, especially those of Central and Eastern Europe (CEE). This important book offers investors and international businesses a continuum from theory to praxis as it discusses theoretical and methodological issues and empirical and practical implications of economic relationships to show how these interrelationships manifest themselves in prevailing trends, policy tradeoffs, and business strategies. Contending that the transformation to a state-owned enterprise to a capitalistic corporation involves more than reacting to economic incentives, Enterprise Restructuring and Foreign Investment in the Transforming East examines why enterprises need access to capital markets, finance investments, and acquire new capabilities in order to successfully compete in a market economy. Some of the strategies you will find that relate to common elements of the restructuring process include: a shift to a less hierarchal organization structure the adoption of Western financial management and accounting practices the introduction of stricter budget constraints the evolution of the marketing function and the rationalization of product ranges according to market needs Informative and intelligent, this book offers you a firsthand look at the complex and critical topic of restructuring as it relates to the realization of benefits of privatization at both the micro and macro levels. Using a case study approach, Enterprise Restructuring and Foreign Investment in the Transforming East gives you in-depth knowledge of the actual empirical/practical processes as they have been experienced in transition economies.
Book Synopsis Enterprise Restructuring in Eastern Europe by : Bernard M. Hoekman
Download or read book Enterprise Restructuring in Eastern Europe written by Bernard M. Hoekman and published by World Bank Publications. This book was released on 1995 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Restructuring and Privatization in Central Eastern Europe by : Saul Estrin
Download or read book Restructuring and Privatization in Central Eastern Europe written by Saul Estrin and published by Routledge. This book was released on 2020-11-30 with total page 445 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents cases from a World Bank study of state-owned industrial firms in Poland, Hungary and the Czech and Slovak republics. Topics that are covered include: structure of the industry; history of the firm; and product mix and sales pattern.
Book Synopsis Enterprise Restructuring in Eastern Europe by : Bernard M. Hoekman
Download or read book Enterprise Restructuring in Eastern Europe written by Bernard M. Hoekman and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: March 1995 The Czech Republic, the Eastern European country that has pursued mass privatization most actively and credibly, has also done best in restructuring its industries and reorienting them toward world markets. Countries that pursued a gradualist approach -- Hungary being the main example -- have changed their export structure less but have also experienced above-average export growth. What kind of privatization program is best suited to stimulate enterprise restructuring in former centrally planned economies? One view, expressed by most Western business and political leaders, is that privatization is best pursued case by case, with emphasis on sales to new owners, including foreign investors. Another view, espoused by a minority of radical economists and economists-turned-politician, was that restructuring is best pursued through economic incentives, combined with mass privatization of state enterprises so that they become widely held (public) joint stock corporations. The ultimate test, of course, is future productivity growth and rising welfare standards. We cannot yet measure these. The disaggregated data on production and employment by industry required for such a measure either are not available or are unreliable. The only objective measure available -- comparable across countries -- is export performance. Trade data reveal to what extent firms have been able to reorient themselves to create and exploit competitive advantages. We now have four years of data, enough to get an idea of what is going on, and to compare one Central or Eastern European country's performance against another's. The data suggest that the Czech Republic, the country that has pursued mass privatization most actively and credibly, has also done best in restructuring its industries and reorienting them toward world markets. Those that pursued a gradualist approach -- Hungary being the main example -- have changed their export structure less, but export growth has also been above average. This paper -- a product of the Finance and Private Sector Development Division, Europe and Central Asia, and Middle East and North Africa Regions, Technical Department -- is part of a larger effort in the region to analyze progress and policy options in transition economies. The authors may be contacted at [email protected] or [email protected].
Book Synopsis Economic Restructuring in Eastern Europe by :
Download or read book Economic Restructuring in Eastern Europe written by and published by . This book was released on 1989 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Enterprise restructuring in early transition by : Wendy Carlin
Download or read book Enterprise restructuring in early transition written by Wendy Carlin and published by . This book was released on 1995 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Restructuring Eastern Europe by : Soumitra Sharma
Download or read book Restructuring Eastern Europe written by Soumitra Sharma and published by Edward Elgar Publishing. This book was released on 1997-01-01 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Special attention is paid to the roles of corporate governance, technological integration, the role of environmental and regional policies and the reform of the banking system.
Book Synopsis Lessons from the Economic Transition by : Salvatore Zecchini
Download or read book Lessons from the Economic Transition written by Salvatore Zecchini and published by Springer Science & Business Media. This book was released on 2013-12-01 with total page 598 pages. Available in PDF, EPUB and Kindle. Book excerpt: An attentive reader embarking on this book might wonder what "the" economic transition to which the title refers might be. In this century almost all countries have gone through periods of economic transition; but which period of economic history can claim to embody the notion or to represent the era of "the" transition? Definitely, no country or group of countries has experienced anything comparable to the economic upheavals that the fall of communism has brought about in a large portion of the world in just three years (1989 to 1991). No other "transition" to date has prompted more interest and more studies among economists, academics and policy-makers than has the transformation of centrally planned economies into market-based systems. It is this transformation that has come to define "the" transition. Early in the transformation process (in November 1990), with the support of the Centre for Co-operation with the Economies in Transition (CCET), I launched a conference to examine the challenges faced by these countries. About six years have gone by and a new economic landscape has emerged in that part of the world. The difficulties in transforming these economies have exceeded all expectations, and economic performances have varied considerably across countries. The time has come, therefore, to make a first evaluation of progress and problems, with a view to extracting useful policy lessons to guide policy-makers in successfully completing the transition in the near future.
Book Synopsis Restructuring Networks in Post-socialism by : Gernot Grabher
Download or read book Restructuring Networks in Post-socialism written by Gernot Grabher and published by Clarendon Press. This book was released on 1997 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about change in Central and Eastern Europe, and about how we think about social and economic change more generally. In contrast to the dominant 'transition framework' that examines organizational forms in Eastern Europe according to the degree to which they conform to, or depart from, the blueprints of already existing capitalist systems, this book examines the innovative character, born of necessity, in which actors in the post-socialist setting are restructuring organizations and institutions by redefining and recombining resources. Instead of thinking of these recombinations as accidental aberrations, the book explores their evolutionary potentials. The starting premise of Restructuring Networks in Post-Socialist Societies is that the actual unit of entrepreneurship is not the isolated individual personality but the social network that links firms and the actors within them. Drawing insight from evolutionary economics and from the new methods of network analysis, leading sociologists, economists, and political scientists report on changes in organizational forms in Hungary, Poland, Eastern Germany, Russia, and the Czech Republic.
Book Synopsis Obstacles to Enterprise by : European Economic Association. Congress
Download or read book Obstacles to Enterprise written by European Economic Association. Congress and published by . This book was released on 1994 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Five years since the fall of the Berlin Wall, and after an initial phase largely perceived as successful from the point of view of macroeconomic stabilisation and of the emergence of new private sectors, the transition process in central and eastern Europe is now facing a number of "structural" obstacles that stand in the way of more rapid and radical advances in the formation of a market economy. This working paper collects the contributions made by the invited participants to a Panel Session organised by Philippe Aghion and Nicholas Stern at the 1994 Annual Congress of the European Economic Association held in Maastricht on 3-5 September 1994. Topics covered include: Obstacles to recovery in transition economies; Housing and labour markets in the east; Obstacles to restructuring post privatisation in central and eastern Europe.
Book Synopsis Enterprise Restructuring in the Transition by : Wendy Carlin
Download or read book Enterprise Restructuring in the Transition written by Wendy Carlin and published by . This book was released on 1994 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent empirical and theoretical work on the transition economies has emphasised the importance of internal bargaining and incentives. This paper constitutes, the first attempt to systematise the large and growing body of case studies of enterprise restructuring in Poland, Hungary, Slovakia, Russia and the Czech Republic. We begin from a framework in which the incentives and constraints on managers are crucial for the success of transforming enterprises into value maximising firms. The forms of, and the constraints on, active behaviour are examined for each enterprise across the dimensions of internal organisation, product and labour markets and investment.
Book Synopsis Enterprise Reform in Eastern Europe by : Sweder van Wijnbergen
Download or read book Enterprise Reform in Eastern Europe written by Sweder van Wijnbergen and published by World Bank Publications. This book was released on 1993 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applying Western textbook solutions to the problems of enterprise reform in Eastern Europe is likely to be counterproductive. Policy design must be imaginative and explicitly incorporate the political constraints and incentive problems specific to the region, leading to new approaches to enterprise and banking reform.