Starting in 1998, the electricity market in England and Wales will be opened up to full competition, and all consumers … will be allowed to choose their electricity supplier. This promises to result in lower prices, but there will be additional … are likely to be large transfers from electricity companies (and the coal industry) to consumers, but the companies lose …

This paper empirically tests the link between trade openness and enterprise restructuring in Bulgaria. It belongs to a … trade liberalization following the 1991 economic reforms is found to have a strong impact on firm-level restructuring and … industry concentration. Between 1992 and 1994, the impact of export opportunities on restructuring was particularly important. …

This paper interprets the existing evidence on enterprise restructuring in Poland, Hungary and the Czech Republic …. Despite differences in restructuring policies, the pattern of observed restructuring appears similar in the three countries … activities. Strategic restructuring, involving thoughtful business projects and modernization investments, is much more limited …

for the subsequent process of restructuring. The conclusions are strongly supported by Polish firm level empirical …

from the Census of Production. We examine the relative importance of 'internal' restructuring (such as new technology and … organizational change) and 'external' restructuring (the process by which less efficient establishments exit and more efficient … establishments enter and increase market share). We find that (a) 'external restructuring' accounts for 50% of labour productivity …