Since the fall of the Berlin Wall in 1989, Central European economies have been moving rapidly toward a common set of goals: political democracy, market-oriented economies and integration into the European and international business community. For businesses, Central Europe offers a unique window of opportunity and, in particular, two comparative advantages: a low-cost qualified workforce and stronger growth rates than mature Western European economies. This opportunity, seized by local entrepreneurs and foreign enterprises alike, is a significant competitive threat to companies not present in…mehr
Since the fall of the Berlin Wall in 1989, Central European economies have been moving rapidly toward a common set of goals: political democracy, market-oriented economies and integration into the European and international business community. For businesses, Central Europe offers a unique window of opportunity and, in particular, two comparative advantages: a low-cost qualified workforce and stronger growth rates than mature Western European economies. This opportunity, seized by local entrepreneurs and foreign enterprises alike, is a significant competitive threat to companies not present in the region, or who have not found alternative strategies for increased growth and competitiveness. This book addresses economic transitions in Central Europe and analyzes the problems of Central European integration in the European Union.
1 Business Strategies for Economies in Transition of Central and Eastern Europe.- Return to Europe.- From plan to market: privatisation.- New economic and social environment.- Foreign trade and Foreign Direct Investment.- Strategies of international companies.- Conclusions.- Notes.- References.- 2 Privatisation and Company Restructuring in Central and Eastern Europe: Issues and Progress.- Why privatise at all?.- Who will own the firms?.- A taxonomy of mass privatisation.- Ownership structure in Central and Eastern Europe.- Conclusions.- References.- 3 Lessons from Czech Privatisation.- Privatisation as a key to transformation.- Privatisation forms and methods.- Present dilemmas and perspectives.- Notes.- References.- 4 Development of Financial Markets: the Czech Case.- The financial market revival.- Public markets.- Czech Stock Price Behaviour.- Conclusion.- Notes.- References.- 5 Competitiveness and Industry Restructuring: the Case of Hungary.- Microeconomic factors of competitiveness.- Seven main theses on competitiveness.- Conclusions.- References.- 6 The Ethical Fabric of a Transformation Economy: the Case of Hungary.- The social reception of market economy.- Ethical attitudes of Hungarian Managers.- Ethicality of companies.- Prospects for the future.- Notes.- References.- 7 Economic Growth and Foreign Direct Investment: the Polish Case.- Investment attractiveness in Poland.- Range and forms of foreign investors' presence in Poland.- Influence of Foreign Direct Investment on Polish economy.- Conclusions.- References.- 8 Transition and Democracy in Romania: the Pain of a Gradualist Restructuring.- The economic and political legacy.- The political developments.- The economic performance and the structural changes.- De-monopolisation and the private sectorperformance.- Economic policy reforms.- External support and the role of FDI.- The privatisation of SOEs in Romania.- The economic and financial restructuring of industry.- Agriculture.- Foreign exchange controls affecting trading.- Conclusions.- Notes.- References.- 9 Company Co-operations between Eastern and Western Europe.- Reasons for macroeconomic analysis.- Analytical framework.- Innovation and strategic choices for SME.- SME and development.- Development and SME co-operation with Eastern Europe.- Conclusion.- Notes.- References.- 10 Swedish Multinationals in Central and Eastern Europe.- The project.- Objectives.- Frame of Reference.- Five cases on European Multinationals' entry.- Tentative conclusions.- References.- 11 The Enlargement Challenge.- European governance and the enlargement challenge.- Uncertain enlargement and challenges for corporate governance.- Conclusion.- References.
1 Business Strategies for Economies in Transition of Central and Eastern Europe.- Return to Europe.- From plan to market: privatisation.- New economic and social environment.- Foreign trade and Foreign Direct Investment.- Strategies of international companies.- Conclusions.- Notes.- References.- 2 Privatisation and Company Restructuring in Central and Eastern Europe: Issues and Progress.- Why privatise at all?.- Who will own the firms?.- A taxonomy of mass privatisation.- Ownership structure in Central and Eastern Europe.- Conclusions.- References.- 3 Lessons from Czech Privatisation.- Privatisation as a key to transformation.- Privatisation forms and methods.- Present dilemmas and perspectives.- Notes.- References.- 4 Development of Financial Markets: the Czech Case.- The financial market revival.- Public markets.- Czech Stock Price Behaviour.- Conclusion.- Notes.- References.- 5 Competitiveness and Industry Restructuring: the Case of Hungary.- Microeconomic factors of competitiveness.- Seven main theses on competitiveness.- Conclusions.- References.- 6 The Ethical Fabric of a Transformation Economy: the Case of Hungary.- The social reception of market economy.- Ethical attitudes of Hungarian Managers.- Ethicality of companies.- Prospects for the future.- Notes.- References.- 7 Economic Growth and Foreign Direct Investment: the Polish Case.- Investment attractiveness in Poland.- Range and forms of foreign investors' presence in Poland.- Influence of Foreign Direct Investment on Polish economy.- Conclusions.- References.- 8 Transition and Democracy in Romania: the Pain of a Gradualist Restructuring.- The economic and political legacy.- The political developments.- The economic performance and the structural changes.- De-monopolisation and the private sectorperformance.- Economic policy reforms.- External support and the role of FDI.- The privatisation of SOEs in Romania.- The economic and financial restructuring of industry.- Agriculture.- Foreign exchange controls affecting trading.- Conclusions.- Notes.- References.- 9 Company Co-operations between Eastern and Western Europe.- Reasons for macroeconomic analysis.- Analytical framework.- Innovation and strategic choices for SME.- SME and development.- Development and SME co-operation with Eastern Europe.- Conclusion.- Notes.- References.- 10 Swedish Multinationals in Central and Eastern Europe.- The project.- Objectives.- Frame of Reference.- Five cases on European Multinationals' entry.- Tentative conclusions.- References.- 11 The Enlargement Challenge.- European governance and the enlargement challenge.- Uncertain enlargement and challenges for corporate governance.- Conclusion.- References.
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