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January 1, 1998
9789639116078
English
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Enterprise Exit Processes in Transition Economies

The rebirth of competition and the extensive "exit" that has resulted are among the most important developments in Central Europe since the demise of Communism. This text examines why, how, and to what extent enterprises have reduced their size or left the market altogether during the first years of the transition from socialism to capitalism in the Czech Republic, Hungary and Poland.

About the Authors

Leszek Balcerowicz is Professor at Warsaw School of Economics. He was Deputy Prime Minister and Minister of Finance in Poland.

Iraj Hoshi is Principal Lecturer in Economics at Staffordshire University, Stroke-on-Trent, UK.

Reviews

"This book discusses exit processes (industrial downsizing, bankruptcies, reorganization and liquidations) in three leading transition economies of Central Europe: the Czech Republic, Hungary and Poland. The reason for the economic transition was that the socialist economies were almost bankrupt by 1989 and in desperate need of restructuring. This book analyses the micro dimensions of this process, where industrial firms cease to exist, releasing assets and resources that may be used more efficiently elsewhere."

9789639116078 : enterprise-exit-processes-in-transition-economies-balcerowicz-williamson-gray-gray
Hardback
324 Pages
$85.00 USD
9789639116160 : enterprise-exit-processes-in-transition-economies-balcerowicz-williamson-gray-gray
Paperback / softback
320 Pages
$29.99 USD

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