Environmental pollution is a serious problem in Middle and Eastern Europe. Although most Middle and Eastern European countries since long have established extensive legislation on environmental issues, they rarely have enforced these laws. Virtually, they did not persue any effective...

The Central East European economies are competing for international investment capital, especially for FDI in order to support transformation. The paper explores how the Siemens AG, one of the world's largest MNCs, allocates investments towards and within Central East Europe and how they fit...

The paper analyses foreign investors' activities in East Germany in the context of privatization. Based on FDI theories it attempts to explore their motivations and strategies by investigating their home countries as well as their target industries. About 5 p.c. of all privatized enterprises...

Globalization opens new opportunities also for small and medium sized enterprises (SME). However, empirical information on SMEs' international activities is still fragmented. The paper adds another piece of evidence in analyzing how Berlin SMEs are co-operating with partners in transition...

Relational contracts when employed as a tool of economic policy create mutual dependency between State and enterprises. This bluntly contradicts the principles of „Ordnungspolitik" as the key policy device to ensure efficiency on the microeconomic level and growth on the macroeconomic level....

Maquiladora assembly emerged to solve a specific problem in a specific region. In the mid 1960s, it was designed to absorb unemployment and to foster industrialization at the US-Mexican border. In the course of its development, it developed considerable dynamics with respect to both regional...

Governments may draft contracts with market agents for allocating subsidies and pursuing specific policy goals. Contract enforcement via binding commitments is difficult, however, when exogenous (environmental) and endogenous (behavioural) risks interact. Analyzing the old debt compromise in...

Die Überführung der Wohnungswirtschaft in die soziale Marktwirtschaft gehört zu den dringlichen und schwierigen Aufgaben im Gesamtprozeß der Reformen in den neuen Bundesländern. Das Ziel einer möglichst raschen und nachhaltigen Verbesserung der Wohnverhältnisse ist unkontrovers....

Seit Anfang 1991 arbeiten das Deutsche Institut für Wirtschaftsforschung, Berlin, das Institut für Weltwirtschaft, Kiel, und das Institut für Wirtschaftsforschung Halle gemeinsam an einem Forschungsprojekt, das sich mit dem wirtschaftlichen Neuaufbau in Ostdeutschland befaßt. Das Projekt...