This book gives the results from the international research project "State Enterprise Restructuring in Bulgaria, Romania and Albania" financed by ACE Programme of European Union. The research covers firms from three countries from South Eastern Europe for which enough information is still...

This paper analyzes the impact of the Polish stabilization program on the behavior of state-owned firms by summarizing and evaluating three case studies. The authors outline a framework to analyze whether firms have adjusted differently according to differences in their market power, financial...

The aim of the paper is to analysis, through a cross-sector and cross-country approach, the way in which firms in less-advanced transforming economies are restructured. Compared with more advanced economies, where different kind of privatization schemes have been experienced, in Bulgaria,...