Services in the Transition Economies: Business Options for Trade and Investment

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Overview

Service activities such as banking, insurance, telecommunications, business auditing, distribution, trading, and other services have been at the forefront of the transformation process in East Central Europe and the former Soviet Union. These reforms, though far from complete, are now sufficiently advanced to draw lessons and to identify strategic options for foreign service firms expanding in the region. In this volume, leading analysts and practitioners offer an appraisal of the service markets and the challenges related to foreign entry into the services sector in Central and Eastern Europe during the "second wave" of transformation. What is the emerging pattern of change? What is the outlook for promising business in the area of services? Which entry strategies have proven particularly successful? How do the leading service providers from the West deal with the challenges confronting them in service markets of the region?

This collective volume used case studies, field research and industry studies to consider strategic options for foreign service firms in East Central and Eastern Europe for the late nineties and beyond.

Service activities such as banking, insurance, telecommunications, business auditing, distribution, trading, and other services have been at the forefront of the transformation process in East Central Europe and the former Soviet Union. These reforms, though far from complete, are now sufficiently advanced to draw lessons and to identify strategic options for foreign service firms expanding in the region. In this volume, leading analysts and practitioners offer an appraisal of the service markets and the challenges related to foreign entry into the services sector in Central and Eastern Europe during the "second wave" of transformation. What is the emerging pattern of change? What is the outlook for promising business in the area of services? Which entry strategies have proven particularly successful? How do the leading service providers from the West deal with the challenges confronting them in service markets of the region?

This collective volume used case studies, field research and industry studies to consider strategic options for foreign service firms in East Central and Eastern Europe for the late nineties and beyond

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Product Details

  • ISBN-13: 9780080425825
  • Publisher: Emerald Group Publishing
  • Publication date: 12/12/1996
  • Series: Series in International Business
  • Pages: 308
  • Product dimensions: 6.14 (w) x 9.21 (h) x 0.75 (d)

Table of Contents

List of Tables
List of Text Boxes
List of Annexes
List of Figures
List of Abbreviations
Contributors
Acknowledgements
Preface
1 Business Options in the Service Sector of the Transition Economies: A Framework for Inquiry 3
2 What Aid is Available for Services in the Transition Economies? 29
3 Foreign Direct Investment and the Service Economies of East-central Europe 53
4 Liberalizing the Access of Western Service Firms into the Central European Markets: The Case of the Czech Republic 65
5 Corporate Banking Services: The Emerging Patterns and Options for Foreign Banks in Poland 95
6 Development Strategies of Insurance Companies in East-central Europe 109
7 Franchising in the Services Sector of East-central Europe 129
8 Inspection Services for Eastern Europe: The Case of SGS Societe Generale de Surveillance 137
9 Privatization of the Telecommunications Sector in the Transition Economies: Issues and Options 147
10 The Outlook for Electronic Commerce in the Transition Economies 173
11 The Financial Reporting Revolution 187
12 Marketing Professional Services in Eastern and Central Europe: The Case of Price Waterhouse (Hungary) 203
13 Management Consultancy Services in Central Europe: The Case of Deloitte Touche 219
14 Management Training in East-central Europe: The Case of an Entrepreneurship Project 235
15 Conclusions and Strategic Guidelines for Foreign Firms 249
Bibliography 261
Author Index 269
Subject Index 271
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