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shocks were large and widespread, and were particularly hard on older workers and women. Unemployment reached double digits …
Persistent link: https://www.econbiz.de/10005677732
Eastern German privatization and restructuring of firms is seen as a special case because of the peculiarities of … problems as other countries in transition when privatizing and restructuring firms: It had to decide about the aims, methods … and traditions, and it had to find a general economic policy toward restructuring. I argue that eastern German …
Persistent link: https://www.econbiz.de/10005784716
This paper examines the empirical evidence on the impact of reforms in the financial sector in Romania in the period 1993-1995. The methodological framework of the paper is based on a theoretical model of intertemporal bank lending in a transition country with uncertain prospects for...
Persistent link: https://www.econbiz.de/10005784723
impacts firm restructuring and creation. This debate has largely been dominated by approaches that emphasize either the … facilitated institutional experiments not only in the ways it promoted negotiated solutions to restructuring, but also in the ways …
Persistent link: https://www.econbiz.de/10005784726
A general consensus in the transition economies literature links the existence of enterprise restructuring with the … whether the lack of economic growth is caused by the lack of enterprise restructuring. Complicating the debate in Russia is … the confusion regarding the role of barter transactions in enterprise restructuring. Much of the confusion is generated by …
Persistent link: https://www.econbiz.de/10005652641
In this paper, we examine net investment during the early stages of transition using micro data on the population of medium and large industrial firms in the Czech Republic during the 1992-95 period. We examine the relevance of alternative models of investment and test if investment behavior...
Persistent link: https://www.econbiz.de/10005652659
We examine the role of organized labor in the restructuring experience of two coal mining regions in the 1990’s … undertook gradual restructuring from early on whereas in Jiu Valley there was no restructuring until 1997, followed by massive … conditions, and the constraints in compensating the laid-off miners. We show that the delay in restructuring in Jiu Valley was …
Persistent link: https://www.econbiz.de/10005677579
Strategic restructuring of firms through investment is key to a transition from plan to market. Using data on …
Persistent link: https://www.econbiz.de/10005677628
The increase in exports to market economies is a good sign, but it is not conclusive about the extent of restructuring … analysis of their exports’ quality, interprets the results for the extent of restructuring, and discusses the potential factors …
Persistent link: https://www.econbiz.de/10005677718
In 1994 China began a profound reform of its state-owned enterprises. We first describe and characterize this progress in two areas: privatization of small state-owned enterprises at the county level and mass layoffs of excess state workers at the city level. Local governments have initiated...
Persistent link: https://www.econbiz.de/10005677723