Privatization and economic performance in Central and Eastern Europe : lessons to be learnt from Western Europe

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書誌事項

Privatization and economic performance in Central and Eastern Europe : lessons to be learnt from Western Europe

edited by Iván Major

E. Elgar, c1999

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注記

"European Association for Comparative Economic Studies"

Includes bibliographical references and index

内容説明・目次

内容説明

This important book provides a comprehensive analysis of the impact of privatization on the economic performance of companies in Central and Eastern Europe. It sheds new light on the achievements and shortcomings of the privatization process and draws out lessons for the future.After considering the theoretical issues surrounding privatization, the authors provide an in-depth examination of corporate governance and company performance in advanced market economies as well as transition economies. They begin with a description of the main principles, techniques and results of privatization in Bulgaria, Estonia, Hungary and Poland. A statistical and econometric analysis of extensive company-level data and interviews from a large number of firms between 1990 and 1997 is then conducted to discover the main factors in changing economic performance. Using this information the authors compare the transformation of the company sectors in the four countries, and in addition assess company restructuring from the perspective of West European privatizations. Privatization and Economic Performance in Central Eastern Europe will be of interest to policymakers in governments and international organizations and those working in the fields of microeconomics, industrial organization and transition studies.

目次

Contents: Introduction 1. Privatization: The Teaching of Western Experiences 2. Theories of Privatization and the Specific Features of East European Privatizations 3. Company Restructuring in the Bulgarian Transition 4. Company Restructuring in Estonia Between 1992 and 1995 5. Company Restructuring after Privatization in Hungary Between 1988 and 1997 6. Privatization and Company Restructuring in Poland 7. Company Restructuring after Privatization in a Comparative Perspective: Lessons from Four Central and East European Countries Index

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