Enterprise restructuring and adjustment in the transition to market economy: lessons from the experience of Central and Eastern Europe
The Economics of Transition, 1996, vol. 4, issue 2, 389-410
Some aspects of the process of enterprise restructuring and adjustment in the Central and Eastern European countries are analysed on the basis of evideance from recent empirical research on microeconomic performance in these transition economies. The paper outlines a stylized picture of some types of enterprise behaviour which occur in this period and highlights a number of issues related to the process of enterprise restructuring and adjustment such as the problem of micro budget constraints, the motivation for enterprise restructuring, the issues of corporate governance. Some of the current impediments to enterprise restructuring as well as some of the determinants of enterprise performance in the transition periód are also featured in the paper. Copyright 1996 The European Bank for Reconstruction and Development.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed
Downloads: (external link)
http://www.blackwell-synergy.com/doi/abs/10.1111/j.1468-0351.1996.tb00179.x link to full text (text/html)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:bla:etrans:v:4:y:1996:i:2:p:389-410
Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0967-0750
Access Statistics for this article
The Economics of Transition is currently edited by Philippe Aghion and Wendy Carlin
More articles in The Economics of Transition from The European Bank for Reconstruction and Development Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().