This book provides a comparative analysis of the emerging corporate control structures in the transition economies of Russia and Poland. It explores what kind of ownership structures are emerging and examines the directions of secondary ownership flows in both countries, and the impact of the government on corporations.

Can the European Economic and Monetary Union survive as an institution providing the highest degree of monetary integration? Can it withstand crises in international markets and contribute to the stability of the global financial system? This book addresses these questions, emphasising the need for new forms of economic policy coordination.

This book considers aspects of transformation of former state socialist countries: social and economic outcomes; forces in the transformation process; problems of consolidation of the new regimes;and other scenarios. It also looks at alternative types of society that might replace state socialism, particularly state capitalism and market socialism.

Using a Schumpeterian approach, this book views competitiveness as the outcome of rivalry and competition between industries of the three new and the old EU member states leading to the integration of the accession countries into the EU.

This book covers a wide variety of aspects of transition in Central and Southeast Europe and the CIS, including the socialist legacy, privatization and growth, skills, and banking reforms. It also covers the evolution of the global economy beyond transition, looking at complexity, risk management, the optimal transition path, and globalization.

What will joining the EU mean for the new Eastern member states and their economies? This book offers a detailed study of the macroeconomic and structural adjustment burden. It envisages a real currency appreciation stemming from price convergence, capital inflows and weak structural change. The widespread belief that an Eastern enlargement of the Union would be overwhelmingly to the detriment of the present EU (budgetary costs, locational decisions, trade deficits) is rejected. The authors discuss the lack of competitiveness of Eastern countries and their need for structural adjustments (in...

This book examines whether transplanting banks from outside can solve the problems involved in creating a well-functioning market economy, looking especially at the virtual complete takeover of East German banks by their Western counterparts after unification. Drawing on a wide range of English and German sources, and fieldwork interviews across Germany, it argues that there are no quick fix solutions for the transition to a market. Implications are discussed for East Germany and for other previously centrally planned economies, and for the global implications of foreign ownership in...

The volume focuses on privatisation in transition countries, addressing issues ranging from corporate governance to the relationship between privatisation and the emergence of markets, from a multi-disciplinary perspective. The contributors investigate both the theoretical groundwork of privatisation and enterprise restructuring as well as recent empirical evidence. The contributions show that changes in ownership titles are but one part of the story, being closely interwoven as they are with the transformation of corporate governance, enterprise restructuring, network transformation and the...

At the beginning of the transition process, the countries of Central and Eastern Europe faced the task of creating a functioning financial system where none had existed before. A decade later, high-level practitioners and well-known experts take stock of banking and monetary policy in the region, centring on: the governance of banks; the spread of financial crisis; and, perspectives for monetary policy and banking sector development.

The process of transition in Eastern European countries is one in which ideas of the past and present, both local and Western, meet and conflict. Presenting a wealth of new ethnographic and interview-based research, Critical Management Research in Eastern Europe argues that the reform process in Central and Eastern Europe has been dominated by the traditional 'Western' view of management practice. However, this approach overlooks the fact that certain managerial and organizational practices developed in Central and Eastern Europe may still be appropriate and indeed effective within this...