Enterprise Exit Processes in Transition Economies

Leszek BalcerowiczIraj Hoshi, Cheryl W. Gray (eds)

Title: Enterprise Exit Processes in Transition Economies
Subtitle: Downsizing, Workouts, and Liquidation
Author: Leszek Balcerowicz
Editors: Iraj Hoshi; Cheryl W. Gray
Price: € 141,00 excl. VAT
ISBN: 9789639116078
Format: Hardback
Number of pages: 324
Language: English
Publication date: 01 - 01 - 1998
Dimensions: 15.9 x 23.4 cm
Category: Economics and Economic History
Discipline: Social and Political Sciences
Imprint: CEU Press
Also available as: eBook PDF - € 140,99
Paperback - € 68,95

Table of Contents

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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

Leszek Balcerowicz

Iraj Hoshi, Cheryl W. Gray (eds)

Enterprise Exit Processes in Transition Economies

Downsizing, Workouts, and Liquidation

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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