Enterprise Exit Processes in Transition Economies
Downsizing, Workouts, and Liquidation
Published on 1. January 1998
Book
Hardback
324 pages
978-963-9116-07-8 (ISBN)
Description
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.
Reviews / Votes
"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."More details
Language
English
Place of publication
Oxford
Hungary
Target group
College/higher education
Professional and scholarly
Academic
Product notice
sewn/stitched
Cloth over boards
Dimensions
Height: 235 mm
Width: 157 mm
Thickness: 24 mm
Weight
678 gr
ISBN-13
978-963-9116-07-8 (9789639116078)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Leszek Balcerowicz | Iraj Hoshi | Cheryl W. Gray
Enterprise Exit Processes in Transition Economies
Downsizing, Workouts, and Liquidation
Book
01/1998
Central European University Press
€71.50
Available (delivery time upon request)
Leszek Balcerowicz | Iraj Hoshi | Cheryl W. Gray
Enterprise Exit Processes in Transition Economies
Downsizing, Workouts, and Liquidation
E-Book
01/1998
1st Edition
Central European University Press
€88.49
Available for download
Persons
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.
Iraj Hoshi is Principal Lecturer in Economics at Staffordshire University, Stroke-on-Trent, UK.
Content
Part 1: Introduction Part 2: Bankruptcy, reorganization and liquidation in mature market economies Part 3: Macroeconomic shocks and policy responses during transition Part 4: Downsizing as an exit mechanism Part 5: Bankruptcy and owner-led liquidation in the Czech Republic Part 6: Hungary's bankruptcy experience 1992-93 Part 7: Classical exit processes in Poland Part 8: Poland's bank-led conciliation Part 9: Why does exit matter