The Determinants Of Enterprise Restructuring In Transition

Author : Simeon Djankov,Peter Murrell
Publisher : World Bank Publications
Page : 36 pages
File Size : 41,5 Mb
Release : 2000-01-01
Category : Political Science
ISBN : 0821348159

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The Determinants of Enterprise Restructuring in Transition by Simeon Djankov,Peter Murrell Pdf

Over the last decade, more than one hundred fifty thousand large enterprises in twenty seven transition countries have encountered revolutionary changes in every aspect of their political and economic environments. Some enterprises have responded to the challenge, entering world markets with great dynamism and becoming indistinguishable from their competitors in mature market economies. Others remain mired in their past, undergoing protracted deaths, delayed at times by their slippage into a netherworld of barter and ersatz money. Thus the revolutionary changes in transition countries have been matched by great variation in the degree to which enterprises have responded successfully to events. To assess the effectiveness of the different reform and privatization strategies, empirical research on transition countries has examined enterprise level data to ascertain whether enterprises have responded productively to changes in ownership and to other reform measures. This volume provides a general assessment of the evidence generated by these studies. In providing the assessment, it: discusses the general context of the studies; assesses the evidence on whether state-owned or privatized firms undertake more economic restructuring; studies the effects of restructuring on different types of owners; focuses on the role of managers; analyzes the effect of greater discipline in the government's reaction to enterprises in distress; examines how variations in product market competition affect enterprise restructuring; and examines the role of the institutional and legal framework. This publication will be of interest to policy makers and readers interested in gaining an overview of the current state of the evidence.

Author : Enese Lieb-Doczy
Publisher : Routledge
Page : 290 pages
File Size : 42,8 Mb
Release : 2019-07-16
Category : Social Science
ISBN : 9781351740548

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Transition in Survival: Enterprise Restructuring in Twenty East German and Hungarian Companies 1990-1997 by Enese Lieb-Doczy Pdf

This title was first published in 2001. This work features different companies and their change in situation between 1990 and 1997. The author focused on changes in each company's vertical integration; its integration with and relationship to its investor; changes in its human resource policies and the general handling of labour shedding; changes in its product range, production methods, product markets and competitive situation; and the regional effects of FDI and changes in the company's procurement policies. The study comprises mainly of manufacturing companies with a few construction companies included to examine issues arising from localized company operations.

Author : Wendy Carlin,John Van Reenen,Toby Wolfe,European Bank for Reconstruction and Development
Publisher : Unknown
Page : 104 pages
File Size : 53,5 Mb
Release : 1994
Category : Europe, Central
ISBN : IND:30000106405230

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Enterprise Restructuring in the Transition by Wendy Carlin,John Van Reenen,Toby Wolfe,European Bank for Reconstruction and Development Pdf

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.

Author : Simon Commander,Qimiao Fan,Mark E. Schaffer
Publisher : World Bank Publications
Page : 312 pages
File Size : 55,8 Mb
Release : 1996-01-01
Category : Business & Economics
ISBN : 0821337254

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Enterprise Restructuring and Economic Policy in Russia by Simon Commander,Qimiao Fan,Mark E. Schaffer Pdf

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).

Author : Sunita Kikeri,John R. Nellis
Publisher : World Bank Publications
Page : 60 pages
File Size : 49,5 Mb
Release : 2002
Category : Privatizacion
ISBN : 8210379456XXX

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Privatization in Competitive Sectors by Sunita Kikeri,John R. Nellis Pdf

Author : Agnieszka Paczyńska
Publisher : Penn State Press
Page : 294 pages
File Size : 45,7 Mb
Release : 2015-06-19
Category : Political Science
ISBN : 9780271062693

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State, Labor, and the Transition to a Market Economy by Agnieszka Paczyńska Pdf

In response to mounting debt crises and macroeconomic instability in the 1980s, many countries in the developing world adopted neoliberal policies promoting the unfettered play of market forces and deregulation of the economy and attempted large-scale structural adjustment, including the privatization of public-sector industries. How much influence did various societal groups have on this transition to a market economy, and what explains the variances in interest-group influence across countries? In this book, Agnieszka Paczyńska explores these questions by studying the role of organized labor in the transition process in four countries in different regions—the Czech Republic and Poland in eastern Europe, Egypt in the Middle East, and Mexico in Latin America. In Egypt and Poland, she shows, labor had substantial influence on the process, whereas in the Czech Republic and Mexico it did not. Her explanation highlights the complex relationship between institutional structures and the “critical junctures” provided by economic crises, revealing that the ability of groups like organized labor to wield influence on reform efforts depends to a great extent on not only their current resources (such as financial autonomy and legal prerogatives) but also the historical legacies of their past ties to the state. This new edition features an epilogue that analyzes the role of organized labor uprisings in 2011, the protests in Egypt, the overthrow of Mubarak, and the post-Mubarak regime.

Author : Peter Luke
Publisher : Taylor & Francis
Page : 505 pages
File Size : 44,6 Mb
Release : 2012-07-26
Category : Business & Economics
ISBN : 9781136909092

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Transition Economics by Peter Luke Pdf

Celebrating twenty years of transition from socialism to capitalism, this book is designed to be the core textbook for undergraduate courses in transition economics and comparative economic systems. Given the passage of time, Transition Economics: Two Decades On reviews and accounts for the outcomes in the so-called transition economies and, from an academic perspective, takes the reader through developments and issues in the twenty years of transition from plan to market. Treating its subject matter thematically, the book incorporates much of the transition economics literature and evidence that have evolved over the past two decades. In particular, the authors focus on the most important aspects of economic transition, including: The initial conditions at the outset of transition Paradigms and patterns of transition The main transition policies and economic reforms The performance of transition countries and firms The lessons from transition The textbook covers a wide range of both contemporary microeconomic and macroeconomic issues, in over thirty ex-socialist European and Asian countries, including Russia and China. Transition Economics: Two Decades On is more than just a book about a particular part of the world or the transformation that was experienced at a particular time in history. The authors believe that the study of the economics of transition gives the reader an insight into theories, policies, reforms, legacies, institutions, processes and lessons that have application and relevance, beyond the specific transition from plan to market, to other parts of the world and to other times in history.

Author : Ichiro Iwasaki
Publisher : Routledge
Page : 399 pages
File Size : 46,5 Mb
Release : 2020-04-28
Category : Business & Economics
ISBN : 9780429555527

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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 : Gérard Roland
Publisher : MIT Press
Page : 440 pages
File Size : 47,8 Mb
Release : 2000
Category : Business & Economics
ISBN : 026268148X

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Transition and Economics by Gérard Roland Pdf

The transition from socialism to capitalism in former socialist economies has transformed the economic structure. This book provides an overview of research on the issues raised by the shift from collective to private ownership.

Author : Bernard Funck
Publisher : World Bank Publications
Page : 126 pages
File Size : 46,5 Mb
Release : 2002-01-01
Category : Business & Economics
ISBN : 9780821353684

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Expenditure Policies Toward EU Accession by Bernard Funck Pdf

'Expenditure Policies Toward EU Accession' presents the set of public expenditures that could be conducive to rapid growth and convergence among the Central and Eastern European countries. This report assesses public expenditure policy objectives and provides best practice and lessons learned in designing expenditure reforms within these countries. It also highlights ways in which key expenditure programs such as education, environment, and transport can be redirected so as to be more fully supportive of growth objectives.

Author : Liangrong Zu
Publisher : Springer Science & Business Media
Page : 320 pages
File Size : 49,5 Mb
Release : 2008-10-01
Category : Business & Economics
ISBN : 9783540708964

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Corporate Social Responsibility, Corporate Restructuring and Firm's Performance by Liangrong Zu Pdf

In today’s globalized and competitive business environment, companies increasingly look to restructuring, mergers & acquisitions and downsizing to survive, grow and maximize profits. However, when they are not managed in a socially responsible manner, restructurings may exert the negative impact on employees, shareholders, communities, and society as a whole. The book empirically explores the phenomena of corporate social responsibility (CSR), restructuring, and relationships with firms’ performance in China. It gives an insight into how Chinese firms respond to expectations of stakeholders by making social goals a part of their overall business operations. It also gives a fresh view of the new concept of socially responsible restructuring. For those seeking to promote socially responsible practices in restructuring, the book provides a unique and stimulating analysis and touchstone.

Author : Iraj Hoshi,Richard Woodward
Publisher : Springer
Page : 268 pages
File Size : 49,8 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 : Roman Frydman,Cheryl Williamson Gray,Andrzej Rapaczynski
Publisher : Unknown
Page : 328 pages
File Size : 45,7 Mb
Release : 1996
Category : Business & Economics
ISBN : UOM:39015038103027

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Corporate Governance in Central Europe and Russia by Roman Frydman,Cheryl Williamson Gray,Andrzej Rapaczynski Pdf

In this, the second of three volumes to be published by the CEU Press on corporate governance in Central Europe and Russia, distinguished economists, legal scholars, political scientists and sociologists examine the emerging institutions of corporate governance in privatized firms in transition economies. They look at the nature of control exercised by insiders in Central and Eastern European firms and the emergence of indigenous corporate governance institutions. The volume also addresses the role of foreign investors and the many issues involved in the design of corporate and securities law. Each paper combines experience from advanced market economies with in-country empirical work in transition settings. Together these papers represent the most comprehensive and up-to-date comparative analysis yet undertaken of privatization struggles and their impact on corporate governance in Central Europe and Russia.

Author : Mr.Oleh Havrylyshyn,Mr.Donal McGettigan
Publisher : International Monetary Fund
Page : 45 pages
File Size : 41,9 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 : Simeon Djankov,Gerhard Pohl
Publisher : World Bank Publications
Page : 34 pages
File Size : 54,9 Mb
Release : 1997
Category : Business enterprises
ISBN : 8210379456XXX

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The Restructuring of Large Firms in Slovakia by Simeon Djankov,Gerhard Pohl Pdf