Market Competition In Transition Economies
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Author | : Klaus Friesenbichler |
Publisher | : |
Total Pages | : 37 |
Release | : 2014 |
Genre | : |
ISBN | : |
This paper provides a survey of the effects of market competition in the transition economies of Eastern Europe and Central Asia. The pivotal element of the transition was inter-firm competition, which replaced economic planning as the method to identify demand. Pro-competitive policies that facilitated the transition are discussed, including international trade, attracting foreign direct investment and firm entry. Research topics with respect to competition changed as the transition advanced. The focus shifted from churn and macroeconomic shock-management in the initial phases toward firm entry, privatisation and restructuring of incumbents. In the later phases of transition, differentials in aggregate economic performance became obvious, pointing at institutional differences and their interplay with transitions. These are equally reflected by the degree of competition of the business environment. Also the methods changed with the evolution of the research agenda. Early case studies were displaced by large-scale, cross-country econometric studies as survey data became increasingly available.
Author | : Mitsutoshi Adachi |
Publisher | : |
Total Pages | : 29 |
Release | : 1999 |
Genre | : |
ISBN | : |
Author | : Gérard Roland |
Publisher | : MIT Press |
Total Pages | : 440 |
Release | : 2000 |
Genre | : Business & Economics |
ISBN | : 9780262681483 |
The transition from socialism to capitalism in former socialist economies has transformed the economic structure. This book provides an overview of research on the issues raised by the shift from collective to private ownership.
Author | : Wendy Carlin |
Publisher | : |
Total Pages | : 56 |
Release | : 2001 |
Genre | : Business enterprises |
ISBN | : |
Author | : mitsuroshi adachi |
Publisher | : |
Total Pages | : 33 |
Release | : 1999 |
Genre | : |
ISBN | : |
Author | : Gergõ M. Lakatos |
Publisher | : Nova Publishers |
Total Pages | : 256 |
Release | : 2008 |
Genre | : Business & Economics |
ISBN | : 9781604560824 |
A transition economy is an economy which is changing from a planned economy to a free market. Transition economies undergo economic liberalisation (letting market forces set prices and lowering trade barriers), macroeconomic stabilisation where immediate high inflation is brought under control, and restructuring and privatisation in order to create a financial sector and move from public to private ownership of resources. These changes often may lead to increased inequality of incomes and wealth, dramatic inflation and a fall of GDP. Transition process is usually characterised by the changing and creating of institutions, particularly private enterprises; changes in the role of the state, thereby, the creation of fundamentally different governmental institutions and the promotion of private-owned enterprises, markets and independent financial institutions. This new book presents the latest research from around the world in this field.
Author | : Gerard Turley |
Publisher | : Routledge |
Total Pages | : 506 |
Release | : 2012-07-26 |
Genre | : Business & Economics |
ISBN | : 1136909087 |
Celebrating twenty years of transition from socialism to capitalism, this book is designed to be the core textbook for undergraduate courses in transition economics and comparative economic systems. Given the passage of time, Transition Economics: Two Decades On reviews and accounts for the outcomes in the so-called transition economies and, from an academic perspective, takes the reader through developments and issues in the twenty years of transition from plan to market. Treating its subject matter thematically, the book incorporates much of the transition economics literature and evidence that have evolved over the past two decades. In particular, the authors focus on the most important aspects of economic transition, including: The initial conditions at the outset of transition Paradigms and patterns of transition The main transition policies and economic reforms The performance of transition countries and firms The lessons from transition The textbook covers a wide range of both contemporary microeconomic and macroeconomic issues, in over thirty ex-socialist European and Asian countries, including Russia and China. Transition Economics: Two Decades On is more than just a book about a particular part of the world or the transformation that was experienced at a particular time in history. The authors believe that the study of the economics of transition gives the reader an insight into theories, policies, reforms, legacies, institutions, processes and lessons that have application and relevance, beyond the specific transition from plan to market, to other parts of the world and to other times in history.
Author | : Mike W. Peng |
Publisher | : SAGE |
Total Pages | : 348 |
Release | : 2000 |
Genre | : Business & Economics |
ISBN | : 9780761916017 |
The work is a practical examination of fundamental strategic issues confronted by firms competing in newly opened markets. It covers emerging markets in East Asia, Central and Eastern Europe and the new states of the former Soviet Union.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 310 |
Release | : 1998-10-06 |
Genre | : |
ISBN | : 9264163670 |
The book, the first time, critically evaluates the evolution of both equity and securities markets in transition economies.
Author | : M. Marinov |
Publisher | : Springer |
Total Pages | : 335 |
Release | : 2011-09-13 |
Genre | : Business & Economics |
ISBN | : 0230337015 |
Staying at the pinnacle of the advancing business development of transition economies and the impact of changing business conditions is a challenging task for all firms wanting to do business in them. This book provides insight into the way in which businesses function with a comprehensive overview of the major aspects involved.