Surviving the Global Financial Crisis: Automobiles and Finance in Central and Eastern Europe

Sylvie Contrepois, Violaine Delteil, Patrick Dieuaide and Steve Jefferys

Chapter 4 in Globalizing Employment Relations, 2011, pp 65-82 from Palgrave Macmillan

Abstract: Abstract Over the last 15 years two huge economic events have shaken Central and Eastern Europe: the shift from a command to a market economy in the mid-1990s, and the global financial crisis at the end of the 2000s. Within a very brief period of time, most working people in Central and Eastern Europe (CEE) were first exposed to liberalization or privatization and in many cases began to work directly for companies based outside their own countries. Then they were subjected to the consequences of the collapse of the world financial bubble.

Keywords: Foreign Direct Investment; International Monetary Fund; Employment Relation; Foreign Bank; Asset Ownership (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30681-3_5

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DOI: 10.1057/9780230306813_5

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