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Transforming The Core: Restructuring Industrial Enterprises In Russia And Central Europe
     

Transforming The Core: Restructuring Industrial Enterprises In Russia And Central Europe

by Maurice Ernst, Paul Marer, Michael Alexeev
 

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In considering the roadblocks facing transition economies, this text focuses on a vital but generally negected sector—large state-owned industrial enterprises. Even though many of the formerly socialist countries have made significant strides in privatization, they have all found it immensely difficult, both politically and practically, to dismantle large

Overview

In considering the roadblocks facing transition economies, this text focuses on a vital but generally negected sector—large state-owned industrial enterprises. Even though many of the formerly socialist countries have made significant strides in privatization, they have all found it immensely difficult, both politically and practically, to dismantle large enterprises, given the massive unemployment and economic dislocation that would result. Yet these enterprises constitute a heavy burden on fledgling economies by drawing scarce funds away from profitable investments, notably in the private sector.Comparing four countries that are rarely juxtaposed—Russia, Poland, Hungary, and the Czech Republic (with frequent references made also to China—the authors draw out the important similarities and differences among them and discuss implications for the future. The first systematic, genuinely comparative analysis of the biggest hurdle to the development of true market economies, this study, with its wealth of data and informed interpretation, will be essential reading for students and scholars alike.

Editorial Reviews

Booknews
US scholars of business focus on the large state-owned industrial enterprises as a major roadblock to transforming the economies of Poland, the Czech Republic, Hungary, and Russia. They look at the conditions of the enterprises before the transition began and their performance since, the policies toward privatization and managing and restructuring the remaining state enterprises, and lessons and prospects. Paper edition (unseen), $19.95. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Product Details

ISBN-13:
9780813327051
Publisher:
Westview Press
Publication date:
12/28/1995
Pages:
336
Product dimensions:
6.15(w) x 9.22(h) x 0.93(d)
Lexile:
1460L (what's this?)

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