Enterprise Exit Processes in Transition Economies : : Downsizing, Workouts, and Liquidation / / ed. by Leszek Balcerowicz, Iraj Hoshi, Cheryl W. Gray.

• Superior document: Title is part of eBook package: De Gruyter Central European University Press eBook-Package 2013-1998
• MitwirkendeR: Balcerowicz, Ewa,; Balcerowicz, Leszek,; Gray, Cheryl W.,; Grosfeld, Irena,; Holle, Arnold,; Hoshi, Iraj,; Mladek, Jan,; Nikolic, Milan,; Novak, Tamas,; Rostowski, Jacek,; Schlorke, Sabine,; Sinclair, Alison,; Szanyi, Miklos,
• HerausgeberIn: Balcerowicz, Leszek,; Gray, Cheryl W.,; Hoshi, Iraj,
• Place / Publishing House: Budapest ;, New York : : Central European University Press, , [1998]; ©1998
• Year of Publication: 1998
• Language: English
• Physical Description: 1 online resource (322 p.)

The rebirth of competition and the extensive "exit" that has resulted are among the most important developments in Central Europe since the demise of Communism. This text examines why, how, and to what extent enterprises have reduced their size or left the market altogether during the first years of the transition from socialism to capitalism in the Czech Republic, Hungary and Poland.

Table of Contents

Frontmatter -- Contents -- List of tables and figures -- 1: Introduction and Overview -- 2. Bankruptcy, Reorganization, and Liquidation in Mature Market Economies : Lessons for Economies in Transition -- 3: Macroeconomic Shocks and Policy Responses During Transition: A Cross-Country Comparison -- 4: Downsizing as an Exit Mechanism: Comparing the Czech Republic, Hungary, and Poland -- 5: Bankruptcy and Owner-Led Liquidation in the Czech Republic -- 6: Hungary's Bankruptcy Experience, 1992-93 -- 7: Classical Exit Processes in Poland: Court Conciliation, Bankruptcy, and State Enterprise Liquidation -- 8: Poland's Bank-Led Conciliation Process -- 9: Why Does Exit Matter? Exit, Growth and Other Economic Processes in Transition Economies -- Index