Efficiency Issues in Transitional Economies

Efficiency Issues in Transitional Economies PDF Author: Jenifer Piesse
Publisher: Routledge
ISBN: 0429857233
Category : Social Science
Languages : en
Pages : 249

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Book Description
Published in 1999, this text uses a number of approaches to measure the performance of firms in the transition economies of Central Eastern Europe during the early stages of reform. There is considerable controversy about the level of productivity in this period, as is evident by contradictory evidence quoted in the literature and a high degree of inconsistency in published national statistics. Indeed, the disagreement extends to the measurement approach and the results for this group of countries. Particularly difficult is any analysis at the firm level, as data is inconsistent, incomplete and based on now out-dated accounting systems. The information used in this book is a panel data set of 64 items collected from 1000 firms across 25 industry sectors in Hungary. Productive efficiency is measured and the reasons for poor performance are discussed. It was found that industrial sectors differ in their average performance levels and in the factors most likely to account for this. Finally, recommendations are developed to help to reverse the decline in productivity.

Efficiency Issues in Transitional Economies

Efficiency Issues in Transitional Economies PDF Author: Jenifer Piesse
Publisher: Routledge
ISBN: 0429857233
Category : Social Science
Languages : en
Pages : 249

Get Book Here

Book Description
Published in 1999, this text uses a number of approaches to measure the performance of firms in the transition economies of Central Eastern Europe during the early stages of reform. There is considerable controversy about the level of productivity in this period, as is evident by contradictory evidence quoted in the literature and a high degree of inconsistency in published national statistics. Indeed, the disagreement extends to the measurement approach and the results for this group of countries. Particularly difficult is any analysis at the firm level, as data is inconsistent, incomplete and based on now out-dated accounting systems. The information used in this book is a panel data set of 64 items collected from 1000 firms across 25 industry sectors in Hungary. Productive efficiency is measured and the reasons for poor performance are discussed. It was found that industrial sectors differ in their average performance levels and in the factors most likely to account for this. Finally, recommendations are developed to help to reverse the decline in productivity.

Efficiency Issues in Transitional Economies

Efficiency Issues in Transitional Economies PDF Author: Jenifer Piesse
Publisher: Routledge
ISBN: 0429857241
Category : Social Science
Languages : en
Pages : 235

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Book Description
Published in 1999, this text uses a number of approaches to measure the performance of firms in the transition economies of Central Eastern Europe during the early stages of reform. There is considerable controversy about the level of productivity in this period, as is evident by contradictory evidence quoted in the literature and a high degree of inconsistency in published national statistics. Indeed, the disagreement extends to the measurement approach and the results for this group of countries. Particularly difficult is any analysis at the firm level, as data is inconsistent, incomplete and based on now out-dated accounting systems. The information used in this book is a panel data set of 64 items collected from 1000 firms across 25 industry sectors in Hungary. Productive efficiency is measured and the reasons for poor performance are discussed. It was found that industrial sectors differ in their average performance levels and in the factors most likely to account for this. Finally, recommendations are developed to help to reverse the decline in productivity.

Policy Analysis for Effective Development

Policy Analysis for Effective Development PDF Author: Kristin Morse
Publisher: The Energy and Resources Institute (TERI)
ISBN: 9788179930830
Category : Political Science
Languages : en
Pages : 460

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Book Description
This practical text provides analytic tools and real-world examples to equip both students and professionals with the skills they need to develop and implement effective public policies.Focussing on transition economies, Morse and Struyk concentrate on the day-to-day tasks involved in tackling social and economic policy issues. They thoroughly cover the practicalities of activities such as allocating resources, balancing political and technical factors, introducing competition into the public sector, weighing costs and benefits, monitoring and evaluating programs, and even presenting policy recommendations, as well as the specifics of the actual decision-making process. Exercises and case studies allow readers to apply lessons learned to real situations.

Marketing Issues in Transitional Economies

Marketing Issues in Transitional Economies PDF Author: Rajeev Batra
Publisher: Springer Science & Business Media
ISBN: 1461550092
Category : Business & Economics
Languages : en
Pages : 281

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Book Description
As the markets in transitional economies open and grow, major challenges and opportunities arise for multinational firms entering these markets, local firms facing these new competitors, and policymakers seeking to increase the ability of all firms to compete fairly and efficiently. Yet despite the important questions transition economies pose for policymakers and companies seeking to enter and compete in these new markets, there has been a relative absence of systematic research on these concerns. This book seeks to fill a gap in the existing literature by offering a pioneering and comprehensive examination of issues that have developed as markets in transitional economies become more deregulated and open. The countries discussed include China, the Czech Republic, Hungary, India, Poland, Romania, Russia, South Africa and South Korea. The topics covered are divided into five main sections, and the individual chapters are written by some of the world's leading academic experts on these issues. Most of the authors draw from freshly-collected data in new studies of consumers and/or firms in transitional economies. After an opening section which discusses the marketing issues and challenges multinational and local firms face in transitional economies, the next three sections offer detailed treatments of changing consumer behavior, measuring and improving the marketing orientation of firms, and implementing and managing distribution channels. The fifth and final section is devoted to firm strategies and tactics, examined variously from the perspective of multinational firms entering these new markets, from the viewpoint of existing local firms facing new competitive challenges from global entrants, and from the perspective of local firms seeking to establish themselves in foreign markets where they have not previously competed. Most of the individual chapters are revised versions of papers originally presented at a conference sponsored by the William Davidson Institute, which focuses on research related to emerging and transitional economies, and have not previously appeared in published form. Thus, the book is a unique collection of cutting-edge scholarship on the various aspects of marketing in transitional economies. It will prove valuable reading to academics, policymakers, and international business strategists.

The Political Economy of the Transition Process in Eastern Europe

The Political Economy of the Transition Process in Eastern Europe PDF Author: Laszlo Somogyi
Publisher: Edward Elgar Publishing
ISBN: 9781782543947
Category : Business & Economics
Languages : en
Pages : 400

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Book Description
'This well-produced book is a worthy contribution to the burgeoning literature on the transition. The editor provides a useful introduction.' - Ian Jeffries, The Economic Journal '. . . provides a useful and readable introduction to many of the most important issues in the "transition process".' - Hugo Radice, Economics of Transition Why has industrial output fallen in Eastern Europe and is further decline inevitable? What lessons can be learned from the stablilization programmes of the first two years of the post-communist era? Should the transitional economies privatize quickly and where do they find the missing institutions essential to the proper working of capitalism? In seeking answers to these and other questions, The Political Economy of the Transition Process in Eastern Europe analyses the difficulties faced by nations attempting to move from a planned to a market economy with special emphasis on issues of macroeconomic stabilization and institutional change.

Social Sector Issues in Transitional Economies of Asia

Social Sector Issues in Transitional Economies of Asia PDF Author: Douglas H. Brooks
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 468

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Book Description
This work offers broad guidelines for leaders, public and private, charged with making the crucial decisions that will affect the daily lives of a large share of the world's population.

Underground Economies in Transition

Underground Economies in Transition PDF Author: Edgar L. Feige
Publisher: Routledge
ISBN: 0429664885
Category : Business & Economics
Languages : en
Pages : 461

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Book Description
Published in 1999, this work examines the crucial role played by unofficial and underground activities in the transitional economies of Central and Eastern Europe and new independent states. Countries undergoing radical transformations from socialism to capitalism experience fundamental changes in institutional rules governing property rights, government regulations, taxation and the appropriate conduct of public service. Underground and unofficial activities represents non-compliant economic behaviours involving evasion, avoidance, circumvention, abuse and/or corruption of the institutional rules as well as efforts to conceal these illicit behaviours from the view of public authorities. The book employs the conceptual framework of the new institutional economics to elaborate the theoretical relationship between underground activities and overall performance of transition economies. The social, cultural and economic causes of unofficial activities are examined as well as their consequences for economic policy and performance. Policy issues include the relationship between tax evasion and corruption, the underground economy and organized crime, state and regulation, and methods and consequences of legalization of the underground economy.

Infrastructure Performance and Reform in Developing and Transition Economies

Infrastructure Performance and Reform in Developing and Transition Economies PDF Author: Lourdes Trujillo
Publisher: World Bank Publications
ISBN:
Category : Industrial productivity
Languages : en
Pages : 28

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Book Description
"Estache, Perelman, and Trujillo review about 80 studies on electricity and gas, water and sanitation, and rail and ports (with a footnote on telecommunications) in developing countries. The main policy lesson is that there is a difference in the relevance of ownership for efficiency between utilities and transport in developing countries. In transport, private operators have tended to perform better than public operators. For utilities, ownership often does not matter as much as sometimes argued. Most cross-country studies find no statistically significant difference in efficiency scores between public and private providers. As for the country-specific studies, some do find differences in performance over time but these differences tend to matter much less than a large number of other variables. Across sectors, private operators functioning in a competitive environment or regulated under price caps or hybrid regulatory regimes tend to catch up best practice faster than public operators. There is a very strong case to push regulators in developing and transition economies toward a more systematic reliance on yardstick competition in a sector in which residual monopoly powers tend to be common. This paper--a product of the Office of the Vice President, Infrastructure Network--is part of a larger effort in the network to document the state of the sector"--World Bank web site.

Institutional Barriers in the Transition to Market

Institutional Barriers in the Transition to Market PDF Author: C. Hartwell
Publisher: Springer
ISBN: 113732371X
Category : Business & Economics
Languages : en
Pages : 265

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Book Description
Examines the institutional developments in 28 transition economies over the past two decades and concludes that, contrary to popular belief, institutions were not neglected; while personalities mattered as much as policies for outcomes, getting the basic institutions right was the most important aspect of a successful transition.

Fiscal Decentralization and Intergovernmental Relations in Transition Economies

Fiscal Decentralization and Intergovernmental Relations in Transition Economies PDF Author: Richard Miller Bird
Publisher: World Bank Publications
ISBN:
Category : Decentralization in government
Languages : en
Pages : 92

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Book Description
Designing a well-functioning intergovernmenal fiscal system is essential to the success of all the transitional economies' major reform goals: privatization, macroeconomic stability, more efficient performance and economic growth, and an adequate social safety net.