Privatization and Economic Performance in Central and Eastern Europe: Lessons to be Learnt from Western Europe (European Association for Comparative Economic Studies series) - Hardcover

Hardcover

ISBN 10: 1840641193 ISBN 13: 9781840641196

Publisher: Edward Elgar Publishing Ltd, 1999

Synopsis

This important book provides a comprehensive analysis of the impact of privatization on the economic performance of companies in Central and Eastern Europe. It sheds new light on the achievements and shortcomings of the privatization process and draws out lessons for the future.

After considering the theoretical issues surrounding privatization, the authors provide an in-depth examination of corporate governance and company performance in advanced market economies as well as transition economies. They begin with a description of the main principles, techniques and results of privatization in Bulgaria, Estonia, Hungary and Poland. A statistical and econometric analysis of extensive company-level data and interviews from a large number of firms between 1990 and 1997 is then conducted to discover the main factors in changing economic performance. Using this information the authors compare the transformation of the company sectors in the four countries, and in addition assess company restructuring from the perspective of West European privatizations.

Privatization and Economic Performance in Central Eastern Europe will be of interest to policymakers in governments and international organizations and those working in the fields of microeconomics, industrial organization and transition studies.

About this title

About the Author

Edited by Iván Major, Senior Fellow and Head of the Center for Institutional Studies, Institute of Economics, Hungarian Academy of Sciences, Hungary

Edition details

• Publisher: Edward Elgar Publishing Ltd
• Publication date: 1999
• Language: English
• ISBN 10: 1840641193
• ISBN 13: 9781840641196
• Binding: Hardcover
• Number of pages: 416
• Editor: Major Iván