Pressures for Reform in the East European Economies PDF Download

Author:
Publisher:
ISBN:
Category : Europe, Eastern
Languages : en
Pages : 676

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Author: Roman Frydman
Publisher: Central European University Press
ISBN: 9633864917
Category : Business & Economics
Languages : en
Pages : 239

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In Eastern Europe privatization is now a mass phenomenon. The authors propose a model of it by means of an illustration from the example of Poland, which envisages the free provision of shares in formerly public undertakings to employees and consumers, and the provision of corporate finance from foreign intermediaries. One danger that emerges is that of bureaucratization. On the broader canvas, mass privatization implies the reform of the whole system, the creation of a suitable economic infrastructure for a market economy and the institutions of corporate governance. The authors point out the need for a delicate balance between evolution - which may be too slow - and design - which brings the risk of more government involvement than it is able to manage. A chapter originating as a European Bank working paper explores the banking implications of setting up a totally new financial sector with interlocking classes of assets. The economic effects merge into politics as the role of the state is investigated. Teachers and graduate students of public/private sector economies, East European affairs; advisers to bankers or commercial companies with Eastern European interests.

Author:
Publisher: DIANE Publishing
ISBN: 9781568063485
Category : Political Science
Languages : en
Pages : 172

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Focuses on the economic ramifications for the U.S. of the fall of communism in Eastern Europe, the unification of Germany, and the move of the countries of the European Community toward economic union. 27 charts and tables.

Author: Paul J.J. Welfens
Publisher: Springer Science & Business Media
ISBN: 3642581404
Category : Business & Economics
Languages : en
Pages : 267

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Book Description
Socialist economies in Eastern Europe have collapsed and em- barked upon market-oriented reforms. The causes of the demise of centrally planned economies are analyzed and the basic challenges of systemic tranformation discussed. Negative income and wealth effects as well as distribution issues make adjustment extremely difficult. The fundamental roles of privatization and foreign investment are adressed. Foreign economic liberalization is considered to be of centralimportance for a growth-oriented adjustment path in a stage of conflict-prone policy and options. Politico-economic aspects of the new European developments in addition to North-South issues are analyzed. Difficult choices await decison-makers in economic policy and the business community in Eastern Europe and in leading market economies.

Author: John P. Hardt
Publisher: Routledge
ISBN: 1315481758
Category : Business & Economics
Languages : en
Pages : 915

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This volume makes JEC-commissioned expert studies of economic developments in East-Central Europe available to business people, educators and students. Coverage includes economic, political and social reform issues, regional relations, and the impact of Western assistance programmes.

Author: Thomas Clarke
Publisher: Walter de Gruyter
ISBN: 3110857197
Category : Business & Economics
Languages : en
Pages : 453

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Author: Kazimierz Poznański
Publisher: Cambridge University Press
ISBN: 9780521556392
Category : Business & Economics
Languages : en
Pages : 384

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Book Description
This book, first published in 1997, offers an integrated study of institutional change in the Polish economy since 1971.

Author:
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 392

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Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 9781557753373
Category : Business & Economics
Languages : en
Pages : 142

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This paper focuses on the private nonfinancial sectors of the affected economies, financial liberalization provided households and businesses with greater access to credit markets. This contributed to the long period of expansion during the 1980s. Partly as a result of major changes to the financial systems, several industrial countries had a boom in asset markets associated with a period of asset accumulation, an unprecedented buildup of debt, a sharp increase in relative asset prices, and related increases in household wealth. The expansion in household financial activity in the United Kingdom during the 1980s was paralleled by a sizable boom in investment spending and an increase in corporate debt. The structure of balance sheets was also affected by mergers and acquisitions that led to a further expansion in corporate debt. New types of bank loans and accounts have prevented even greater disintermediation but have also reduced net interest margins because more deposits now earn market-related rates of return.

Author: Michael Kraus
Publisher: Routledge
ISBN: 1000310558
Category : History
Languages : en
Pages : 326

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Book Description
The conference on "Russia and East Europe in Transition," held at Middlebury College in May 1994 under the auspices of the Center for Russian and East European Studies, provided the impetus for this volume. The two-day gathering was made possible by a Title VI grant from the U.S. Department of Education and the Jessica Swift Endowed Lecture Fund of Middlebury College, for which we are most grateful. Apart from the contributors to this volume, the conference participants included: George Bellerose, Raymond E. Benson, Valery Chalidze, Michael Claudon, David Colander, Guntram H. Herb, Lars Lib, Tamar Mayer, Noah M.J. Pickus, Sunder Ramaswamy, David A. Rosenberg, and Mitchell Smith. Acting as discussants, panel chairs, or interested participants, their efforts, individually and collectively, have made this a better book and their contribution to this project is gratefully acknowledged.