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Entrepreneurship and economic transition in Central Europe / Jean-Paul Larc̦on, editor.

Lippincott Library HC244 .E57 1998
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Format:
Book
Contributor:
Larçon, Jean-Paul.
Language:
English
Subjects (All):
Structural adjustment (Economic policy)--Europe, Central.
Structural adjustment (Economic policy).
Privatization--Europe, Central.
Privatization.
Entrepreneurship.
Central Europe.
Entrepreneurship--Europe, Central.
Europe, Central--Economic conditions.
Europe, Central.
Economic conditions.
Physical Description:
xxiv, 219 pages : illustrations, map ; 25 cm
Place of Publication:
Boston : Kluwer Academic Publishers ; Paris : HEC School of Management, [1998]
Summary:
Since the fall of the Berlin Wall in 1989, Central European economies have been moving rapidly toward a common set of goals: political democracy, market-oriented economies and integration into the European and international business community. For businesses, Central Europe offers a unique window of opportunity and, in particular, two comparative advantages: a low-cost qualified workforce and stronger growth rates than mature Western European economies. This opportunity, seized by local entrepreneurs and foreign enterprises alike, is a significant competitive threat to companies not present in the region, or who have not found alternative strategies for increased growth and competitiveness. This book addresses economic transitions in Central Europe and analyzes the problems of Central European integration in the European Union.
Contents:
1 Business Strategies for Economies in Transition of Central and Eastern Europe / Jean-Paul Larcon 1
Return to Europe 1
From plan to market: privatisation 4
New economic and social environment 6
Foreign trade and Foreign Direct Investment 8
Strategies of international companies 11
2 Privatisation and Company Restructuring in Central and Eastern Europe: Issues and Progress / Saul Estrin 21
Why privatise at all? 22
Who will own the firms? 25
A taxonomy of mass privatisation 30
Ownership structure in Central and Eastern Europe 32
3 Lessons from Czech Privatisation / Ingeborg Nemcova 37
Privatisation as a key to transformation 37
Privatisation forms and methods 40
Present dilemmas and perspectives 51
4 Development of Financial Markets: the Czech Case / Petr Musilek 57
The financial market revival 57
Public markets 60
Czech Stock Price Behaviour 66
5 Competitiveness and Industry Restructuring: the Case of Hungary / Attila Chikan, Erzsebet Czako 71
Microeconomic factors of competitiveness 72
Seven main theses on competitiveness 89
6 The Ethical Fabric of a Transformation Economy: the Case of Hungary / Laszlo Zsolnai 93
The social reception of market economy 94
Ethical attitudes of Hungarian Managers 98
Ethicality of companies 99
Prospects for the future 101
7 Economic Growth and Foreign Direct Investment: the Polish Case / Maria Romanowska 103
Investment attractiveness in Poland 103
Range and forms of foreign investors' presence in Poland 107
Influence of Foreign Direct Investment on Polish economy 113
8 Transition and Democracy in Romania: the Pain of a Gradualist Restructuring / Sergio Alessandrini 125
The economic and political legacy 126
The political developments 127
The economic performance and the structural changes 130
De-monopolisation and the private sector performance 134
Economic policy reforms 135
External support and the role of FDI 143
The privatisation of SOEs in Romania 146
The economic and financial restructuring of industry 154
Agriculture 155
Foreign exchange controls affecting trading 157
9 Company Co-operations between Eastern and Western Europe / Martin Zagler, Christian Ragacs 163
Reasons for macroeconomic analysis 163
Analytical framework 165
Innovation and strategic choices for SME 168
SME and development 169
Development and SME co-operation with Eastern Europe 170
10 Swedish Multinationals in Central and Eastern Europe / Jan-Erik Vahlne, Kjell A. Nordstrom, Stryrbjorn Torbacke 177
The project 177
Objectives 178
Frame of Reference 178
Five cases on European Multinationals' entry 182
Tentative conclusions 189
11 The Enlargement Challenge / Franck Debie 193
European governance and the enlargement challenge 194
Uncertain enlargement and challenges for corporate governance 203.
Notes:
Includes bibliographical references and index.
ISBN:
079238279X
OCLC:
39659255

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