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Enterprise Exit Processes in Transition Economies: Downsizing, Workouts, and Liquidation de Leszek Balcerowicz

Enterprise Exit Processes in Transition Economies: Downsizing, Workouts, and Liquidation

Autor Leszek Balcerowicz Editat de Iraj Hoshi, Cheryl W. Gray
en Limba Engleză Hardback – 1998
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.
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Specificații

ISBN-13: 9789639116078
ISBN-10: 9639116076
Pagini: 324
Dimensiuni: 152 x 229 x 24 mm
Greutate: 0.76 kg
Ediția:1
Editura: Amsterdam University Press
Colecția Central European University Press
Locul publicării:Oxford, United Kingdom

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Academic

Notă biografică

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.

Cuprins

Contributors, List of tables and figures, 1: Introduction and Overview, 2: Bankruptcy, Reorganization, and Liquidation in Mature Market Economies: Lessons for Economies in Transition, 3: Macroeconomic Shocks and Policy Responses During Transition: A Cross-Country Comparison, 4: Downsizing as an Exit Mechanism: Comparing the Czech Republic, Hungary, and Poland, 5: Bankruptcy and Owner-Led Liquidation in the Czech Republic, 6: Hungary's Bankruptcy Experience, 1992-93, 7: Classical Exit Processes in Poland: Court Conciliation, Bankruptcy, and State Enterprise Liquidation, 8: Poland's Bank-Led Conciliation Process, 9: Why Does Exit Matter? Exit, Growth and Other Economic Processes in Transition Economies, Index

Descriere

This text examines the significant phenomenon of enterprise downsizing and market exit during the early transition from socialism to capitalism in the Czech Republic, Hungary, and Poland, analyzing the reasons, methods, and extent of this widespread business contraction following the rebirth of competition after Communism's collapse.