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 …

A general consensus in the transition economies literature links the existence of enterprise restructuring with the … enterprise restructuring in transition economies and how it varies with the stage of the transition process; (2) errant … pace of the transition process and the potential for economic growth. The existing literature is less clear, however, about …

problems as other countries in transition when privatizing and restructuring firms: It had to decide about the aims, methods …Eastern German privatization and restructuring of firms is seen as a special case because of the peculiarities of … and traditions, and it had to find a general economic policy toward restructuring. I argue that eastern German …

transition country with uncertain prospects for stabilization (Carare and Perotti, 1997). The model identifies an empirical test …

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 …

Strategic restructuring of firms through investment is key to a transition from plan to market. Using data on …

The increase in exports to market economies is a good sign, but it is not conclusive about the extent of restructuring … of production technologies experienced in transition countries. This paper explores the source of the increase with an … analysis of their exports’ quality, interprets the results for the extent of restructuring, and discusses the potential factors …