A fundamental characteristic of the global economy during the 1990s is the reinvigoration of the private sector as the driving force for economic growth and social progress. This book surveys Central Europe during the early period of transition from late 1989 to early 1993, when governments were experimenting with privatization and economic reform, and assesses how privatization and economic reform policies have changed the business climate there. Rondinelli and his contributors provide an overview of economic reforms in Central European countries, offer a framework by which to compare them, describe the approaches to privatization their governments adopted, and identify the problems and challenges that each country faces in attempting to create a market-oriented economy. The result is a valuable resource for international management, international trade policy makers, and scholars of international business.
The process of economic restructuring is especially important and particularly complex in Central Europe, where Poland, Hungary, the Czech and Slovak Republics, Slovenia, and other independent states of former Yugoslavia are struggling to transform themselves from socialist to market economies. Each country faces equally complex challenges, however, in creating a new business climate that will nourish domestic enterprise and attract investments by multinational corporations. These challenges include: (1) privatizing state-owned enterprises that have dominated the economies of socialist countries; (2) developing public policies and programs that support the private sector, especially small- and medium-scale enterprises; (3) decentralizing the state administrative structure to allow regional and local governments to play a more active role in providing public services and supporting private enterprise; and (4) restructuring industry, agriculture, and services in order to diversify and reinvigorate the economic base (including infrastructure) of regions surrounding cities that are still dominated by heavy (and now largely obsolescent) manufacturing industries.
This book surveys the situation in Central Europe during the early period of transition in the early 1990s when governments in all four countries were experimenting with privatization and economic reform. The authors assess how privatization and economic reform policies have changed the business climate in this important region of the world. The editor provides an overview of economic reforms in Central European countries, offers a framework by which to compare them, describes the approaches to privatization their governments adopted, and identifies the problems and challenges that each country faces in attempting to create a market-oriented economy.
Preface
Privatization and Economic Reform in Central Europe: Experience of the Early Transition Period by Dennis A. Rondinelli
Experiences with Privatization in Hungary: The Early Transition Period by Kalman Mizsei, Maria Mora and Gyorgy Csaki
Privatization of the Alfold Group Ltd. by Erzsebet Poszmik
The GDK Automotive Parts Company in Hungary by Erzsebet Poszmik
Decentralized versus Centralized Privatization: The Case of Slovenia by Joze Mencinger
Decentralization of Administrative and Political Authority to Promote Regional Economic Development: The Case of Ljubljana by Pavel Gantar
Privatization of Tobacco Company Ljubljana (TCL) by Uros Korze and Marko Simoneti
Privatization in Practice: Czechoslovakia's Experience from 1989 to 1992 by Michal Mejstrik and James Burger
The Privatization of Pivo Praha Electronic Company by John Hannula and Kit Jackson
Privatizing Rychtar Tools in The Czech Republic by Jonathan Gafni and Mark Niles
Privatization in Poland by Marek Mazur, Tomasz Dolegowski, Jerzy Suchnicki and Igor Mitroczuk
Development of The Private Sector in Poland during 1989-1990: The Early Phase of Structural Transformation by Maria Ciechocinska
Private Enterprise Development and the Economic and Political Restructuring of the Cracow Region in Poland by Malgorzata Bednarczyk, Janusz Jaworski, Janusz Kot, and Kazimierz Zielinski
Privatization of Prochnik--A Case Study by Tomasz Dolegowski and Jerzy Suchnicki
Privatization of the Swarzedz Furniture Works by Jerzy Suchnicki
Overview
A fundamental characteristic of the global economy during the 1990s is the reinvigoration of the private sector as the driving force for economic growth and social progress. This book surveys Central Europe during the early period of transition from late 1989 to early 1993, when governments were experimenting with privatization and economic reform, and assesses how privatization and economic reform policies have changed the business climate there. Rondinelli and his contributors provide an overview of economic ...