Privatisation And Structural Change In Transition Economies

Author : Yelena Kalyuzhnova,Wladimir Andreff
Publisher : Springer
Page : 272 pages
File Size : 55,9 Mb
Release : 2003-09-08
Category : Business & Economics
ISBN : 9780230378339

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Privatisation and Structural Change in Transition Economies by Yelena Kalyuzhnova,Wladimir Andreff Pdf

Privatisation and Structural Change in Transition Economies brings together specialists from different areas (governance, regulation, macro-econometrics, micro-econometrics, enterprise culture, foreign direct investment, technology transfer) to focus on the many different aspects of the privatization process in transition economies. The book does not dwell on the administrative or procedural aspects of privatisation. Instead it attempts to understand the bigger picture in terms of underlying policy environment and supporting legal and economic measures which helped to a large extent to determine the eventual success or failure of privatization programmes.

Author : Ira W. Lieberman,Daniel J. Kopf
Publisher : Elsevier
Page : 383 pages
File Size : 49,9 Mb
Release : 2008
Category : Business & Economics
ISBN : 9780762314638

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Privatization in Transition Economies by Ira W. Lieberman,Daniel J. Kopf Pdf

Annotation.

Author : John R. Nellis
Publisher : World Bank Publications
Page : 44 pages
File Size : 45,7 Mb
Release : 1999-01-01
Category : Business & Economics
ISBN : 0821345036

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Time to Rethink Privatization in Transition Economies? by John R. Nellis Pdf

IFC Discussion Paper No. 38.QUOTEIt is now universally acknowledged that ownership matters; that private ownership in and of itself is a major determinant of good performance in firms... Decent economic policy and well-functioning legal and administrative institutions... matter greatly as well.QUOTEThis paper looks at what happens when the shift to private ownership gets far out in front of the effort to build the institutional underpinnings of a capitalist economy. The emphasis is on what went wrong and why and what, if anything, can be done to be correct it. Proposals include renationalization and/or postponement of further privatization, both to be accompanied by measures to strengthen the managerial capacities of the state. Neither approach seems likely to produce short-term improvements. The regrettable fact is that governments that botch privatization are equally likely to botch the management of state-owned firms. In a number of Central European transition countries, privatization is living up to expectations; and there is no need for such measures. For institutionally-weak countries, the less dramatic but reasonable short-term course of action is to push ahead more slowly with case- by-case and tender privatization in cooperation with the international assistance community in hopes of producing some success stories that will lead by example.

Author : Iraj Hoshi,Richard Woodward
Publisher : Springer
Page : 268 pages
File Size : 48,9 Mb
Release : 2003-09-15
Category : Political Science
ISBN : 9780230377011

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Secondary Privatization in Transition Economies by Iraj Hoshi,Richard Woodward Pdf

Privatization was the fundamental pillar of transition from plan to market in former socialist countries. But little is known about the fate of companies that were privatized in large scale privatization schemes such as mass privatization or management-employee buyouts. This is the first original study aiming to fill this gap. It assesses wholesale privatization schemes in three leading transition countries - the Czech Republic, Poland and Slovenia - in terms of the evolving concentration of ownership and relations to firm performance.

Author : Rolph van der Hoeven,György Sziráczki
Publisher : International Labour Organization
Page : 210 pages
File Size : 43,7 Mb
Release : 1997
Category : Business & Economics
ISBN : 9221094529

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Lessons from Privatization by Rolph van der Hoeven,György Sziráczki Pdf

This book assesses the labor market consequences of privatization in developing countries (the Republic of Korea, India and Mexico) and transition economies (Bulgaria, the Czech Republic, Eastern Germany and Hungary) during the first half of the 1990s. Based on over 20 case studies in seven countries, it considers the effect of privatization on productivity and on the level and structure of employment. The evolving patterns of industrial relations in privatized firms and the subsequent changes in wages, remuneration systems and non-wage benefits are also examined.

Author : Gergõ M. Lakatos
Publisher : Nova Publishers
Page : 256 pages
File Size : 42,7 Mb
Release : 2008
Category : Business & Economics
ISBN : 1604560827

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Transition Economies by Gergõ M. Lakatos Pdf

A transition economy is an economy which is changing from a planned economy to a free market. Transition economies undergo economic liberalisation (letting market forces set prices and lowering trade barriers), macroeconomic stabilisation where immediate high inflation is brought under control, and restructuring and privatisation in order to create a financial sector and move from public to private ownership of resources. These changes often may lead to increased inequality of incomes and wealth, dramatic inflation and a fall of GDP. Transition process is usually characterised by the changing and creating of institutions, particularly private enterprises; changes in the role of the state, thereby, the creation of fundamentally different governmental institutions and the promotion of private-owned enterprises, markets and independent financial institutions. This new book presents the latest research from around the world in this field.

Author : Mr.Oleh Havrylyshyn,Mr.Donal McGettigan
Publisher : International Monetary Fund
Page : 45 pages
File Size : 43,8 Mb
Release : 1999-01-01
Category : Business & Economics
ISBN : 9781451842272

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Privatization in Transition Countries by Mr.Oleh Havrylyshyn,Mr.Donal McGettigan Pdf

This paper reviews a selection of studies on privatization experiences in transition countries. Empirical studies almost invariably show privatized enterprises outperform state enterprises. Moreover, the literature identifies de novo firms as being clearly the best performers, followed by outsider-dominated firms, while insider-dominated firms are the least efficient among those newly privatized. The importance of de novo firms in enlarging the private sector in transition economies is reviewed, along with the question of whether privatization efforts support or hinder de novo private sector development. Finally, the paper discusses the importance of providing a suitable market environment for successful private-sector development.

Author : Anonim
Publisher : World Bank Publications
Page : 44 pages
File Size : 44,7 Mb
Release : 1997
Category : Business enterprises
ISBN : 8210379456XXX

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Private Ownership and Corporate Performance by Anonim Pdf

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.

Author : H. Stüting,W. Dorow,F. Claassen,S. Blazejewski
Publisher : Springer
Page : 314 pages
File Size : 48,9 Mb
Release : 2003-05-28
Category : Business & Economics
ISBN : 9781403937841

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Change Management in Transition Economies by H. Stüting,W. Dorow,F. Claassen,S. Blazejewski Pdf

This book investigates the concepts and instruments for managing change in companies striving towards a market orientation in transition economies. The focus is on the identification of factors, which have led to the considerable success of certain corporations, in spite of the very dynamic environment in transition countries since 1989. The analysis considers problems and solutions for all the relevant stakeholder relationships. Although the case study is largely based on Poland, the book also contains research on the economic, political and social context of doing business in Central and Eastern Europe.

Author : Károly Attila Soós
Publisher : Central European University Press
Page : 202 pages
File Size : 48,9 Mb
Release : 2011-01-10
Category : Political Science
ISBN : 9789639776913

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Politics and Policies in Post-Communist Transition by Károly Attila Soós Pdf

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.

Author : Oleh Havrylyshyn,Donal McGettigan
Publisher : International Monetary Fund
Page : 24 pages
File Size : 43,5 Mb
Release : 1999-09-06
Category : Privatisierung
ISBN : UCSD:31822026180299

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Privatization in Transition Countries: Lessons From the First Decade by Oleh Havrylyshyn,Donal McGettigan Pdf

The authors' view is that any privatisation is better than none, regardless of whether a stable, competitive environment has been established first. However, private companies started from scratch perform best, followed by newly privatised firms run by outsiders, either local or foreign. Privatised companies dominated by insiders do less well, but even they regularly outperform state enterprises. Without an appropriate market environment though, managers may spend more time lobbying the government for support than undertaking painful restructuring measures.

Author : Ichiro Iwasaki
Publisher : Routledge
Page : 374 pages
File Size : 49,8 Mb
Release : 2020-04-28
Category : Business & Economics
ISBN : 9780429559990

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The Economics of Transition by Ichiro Iwasaki Pdf

In the last three decades since the fall of the Berlin Wall, there has been a vast amount of study looking at transforming the planned economy to a market economy from both theoretical and empirical aspects. This book provides an overview and insight into transition economies in the recent decades and looks at key economics topics from the so-called “transition strategy debate” to environmental reform. The book also includes an analytical review and meta-analysis of the existing literature. By integrating theoretical discussions and synthesizing empirical findings in a systematic manner, this book may help to enlighten the debate on the timing, speed, and policy sequence of economic transition. The book will particularly appeal to researchers, policy makers, other practitioners, and under- and post-graduate students who are interested in transition economies in Eastern Europe, the former Soviet Union, Southeast Asia, and China. It aims to be read as an advanced reader.

Author : Aleksandr V. Gevorkyan
Publisher : Routledge
Page : 272 pages
File Size : 46,5 Mb
Release : 2018-04-17
Category : Business & Economics
ISBN : 9781317567943

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Transition Economies by Aleksandr V. Gevorkyan Pdf

This interdisciplinary study offers a comprehensive analysis of the transition economies of Central and Eastern Europe and the former Soviet Union. Providing full historical context and drawing on a wide range of literature, this book explores the continuous economic and social transformation of the post-socialist world. While the future is yet to be determined, understanding the present phase of transformation is critical. The book’s core exploration evolves along three pivots of competitive economic structure, institutional change, and social welfare. The main elements include analysis of the emergence of the socialist economic model; its adaptations through the twentieth century; discussion of the 1990s market transition reforms; post-2008 crisis development; and the social and economic diversity in the region today. With an appreciation for country specifics, the book also considers the urgent problems of social policy, poverty, income inequality, and labor migration. Transition Economies will aid students, researchers and policy makers working on the problems of comparative economics, economic development, economic history, economic systems transition, international political economy, as well as specialists in post-Soviet and Central and Eastern European regional studies.

Author : E. Rosenbaum,F. Bönker,H. Wagener
Publisher : Springer
Page : 291 pages
File Size : 41,6 Mb
Release : 2000-03-23
Category : Business & Economics
ISBN : 9780230286078

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Privatization, Corporate Governance and the Emergence of Markets by E. Rosenbaum,F. Bönker,H. Wagener Pdf

The volume focuses on privatisation in transition countries, addressing issues ranging from corporate governance to the relationship between privatisation and the emergence of markets, from a multi-disciplinary perspective. The contributors investigate both the theoretical groundwork of privatisation and enterprise restructuring as well as recent empirical evidence. The contributions show that changes in ownership titles are but one part of the story, being closely interwoven as they are with the transformation of corporate governance, enterprise restructuring, network transformation and the emergence of markets.

Author : Havrylyshyn, Oli,Oleh Havrylyshyn,Donal McGettigan
Publisher : Unknown
Page : 16 pages
File Size : 47,6 Mb
Release : 2004-01
Category : Electronic
ISBN : 1557758964

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Privatization in Transition Countries by Havrylyshyn, Oli,Oleh Havrylyshyn,Donal McGettigan Pdf