The rebirth of competition and the extensive "exit" that has resulted are among the most important developments in Central Europe since the demise of Communism. This text examines why, how, and to what extent enterprises have reduced their size or left the market altogether during the first years of the transition from socialism to capitalism in the Czech Republic, Hungary and Poland.
The rebirth of competition and the extensive "exit" that has resulted are among the most important developments in Central Europe since the demise of Communism. This text examines why, how, and to what extent enterprises have reduced their size or left the market altogether during the first years of the transition from socialism to capitalism in the Czech Republic, Hungary and Poland.
Leszek Balcerowicz is Professor at Warsaw School of Economics. He was Deputy Prime Minister and Minister of Finance in Poland. Iraj Hoshi is Principal Lecturer in Economics at Staffordshire University, Stroke-on-Trent, UK.
Inhaltsangabe
Contributors List of tables and figures 1: Introduction and Overview 2: Bankruptcy Reorganization and Liquidation in Mature Market Economies: Lessons for Economies in Transition 3: Macroeconomic Shocks and Policy Responses During Transition: A Cross-Country Comparison 4: Downsizing as an Exit Mechanism: Comparing the Czech Republic Hungary and Poland 5: Bankruptcy and Owner-Led Liquidation in the Czech Republic 6: Hungary's Bankruptcy Experience 1992-93 7: Classical Exit Processes in Poland: Court Conciliation Bankruptcy and State Enterprise Liquidation 8: Poland's Bank-Led Conciliation Process 9: Why Does Exit Matter? Exit Growth and Other Economic Processes in Transition Economies Index
Contributors List of tables and figures 1: Introduction and Overview 2: Bankruptcy Reorganization and Liquidation in Mature Market Economies: Lessons for Economies in Transition 3: Macroeconomic Shocks and Policy Responses During Transition: A Cross-Country Comparison 4: Downsizing as an Exit Mechanism: Comparing the Czech Republic Hungary and Poland 5: Bankruptcy and Owner-Led Liquidation in the Czech Republic 6: Hungary's Bankruptcy Experience 1992-93 7: Classical Exit Processes in Poland: Court Conciliation Bankruptcy and State Enterprise Liquidation 8: Poland's Bank-Led Conciliation Process 9: Why Does Exit Matter? Exit Growth and Other Economic Processes in Transition Economies Index
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