Privatisation Politics And Economic Performance In Hungary

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Privatisation Politics And Economic Performance In Hungary

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Author : Zoltan Antal-Mokos
language : en
Publisher: Cambridge University Press
Release Date : 1998-02-05

Privatisation Politics And Economic Performance In Hungary written by Zoltan Antal-Mokos and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-02-05 with Business & Economics categories.

Why do some privatisations apparently fail to produce expected positive results? Economic theory tells us that privatisation should improve efficiency, but this book, originally published in 1998, suggests that political bargaining in the process of privatisation works against the results we expect to achieve. To gain a better understanding of what privatisation is really about, power at a firm level needs to be understood. Privatisation is a gradually unfolding, evolutionary process, often with defective corporate governance. Politicking can take priority over performance, with the result that efficiency is ignored and profitability is affected. This is a comprehensive book on privatisation which focuses on micro-level behavioural issues and it uses exceptionally rich case evidence to illustrate that privatisation is more about politics than performance.

Privatization In Hungary Poland And Czechoslavakia

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Author : P. G. Hare
language : en
Publisher:
Release Date : 1991

Privatization In Hungary Poland And Czechoslavakia written by P. G. Hare and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Privatization categories.

Privatization And Economic Performance In Central And Eastern Europe

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Author : European Association for Comparative Economic Studies
language : en
Publisher:
Release Date : 1999

Privatization And Economic Performance In Central And Eastern Europe written by European Association for Comparative Economic Studies and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.

Provides analysis of the impact of privatization on the economic performance of companies in Central and Eastern Europe. After considering theoretical issues, contributors provide an in-depth examination of corporate governance and company performance in advanced market and transition economies. A statistical and econometric analysis of extensive company-level data and interviews from a large number of firms between 1990 and 1997 is conducted to discover major factors in changing economic performance. The editor is affiliated with the Hungarian Academy of Sciences. Annotation copyrighted by Book News, Inc., Portland, OR

Privatization At The End Of The Century

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Author : Herbert Giersch
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Privatization At The End Of The Century written by Herbert Giersch and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.

At the end of the century, privatization has become a worldwide phenomenon. It is taking place in what was once called the first, the second, and the third world. The volume mirrors this expansion of privatization. In Part I on the economics of privatization, historical, theoretical, and politico-economic issues are covered. In Part II country studies are presented for China, the Czech Republic, Eastern Germany, Estonia, Hungary, Poland, Russia and the United Kingdom. In Part III a broader view on privatization is taken by including deregulation and the private provision of public goods and services.The book contains contributions by D.BAs, T.Eggertsson, R.P.Heinrich, P. Jasinski, H.Klodt, B.Krug, D.Lal, S.C.Littlechild, M. Mejstrik, P.Mihalyi, P.Plane, J.-J.Rosa, K.M.Schmidt and M.Schnitzer, and U.Siegmund.

Managing Business In Hungary

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Author : József Berács
language : en
Publisher:
Release Date : 1999

Managing Business In Hungary written by József Berács and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.

The Politics Of Greed

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Author : Andrew Harrison Schwartz
language : en
Publisher: Rowman & Littlefield Publishers
Release Date : 2006-10-12

The Politics Of Greed written by Andrew Harrison Schwartz and has been published by Rowman & Littlefield Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-10-12 with History categories.

With the dissolution of the Soviet Empire, it seemed that market capitalism had triumphed and that democracy might replace authoritarian regimes. Economic reformers in the former Eastern Bloc rushed to liberalize prices and transfer state assets to private hands. They assumed that private owners in a market setting would have no choice but to behave rationally—that is, to invest in restructuring privatized enterprises so as to maximize profits. They also assumed that these owners would perceive a stable institutional environment as conducive to economic success and thus become a powerful lobby in favor of the rule of law, paving the way for democracy. The post-communist reality turned out to be very different. Private owners found that in a weak state with limited laws and regulations and ineffective corporate governance structures, it was more lucrative to steal enterprise assets and exploit opportunities for arbitrage than to restructure enterprises. The lesson learned is that not all forms of private ownership are the same. As this book's in-depth political history of privatization in Central and Eastern Europe demonstrates, the way that assets are privatized matters, both with respect to national economic performance and the successful development of the rule of law. Andrew Harrison Schwartz had unprecedented access to high-level Czech government officials during the Czech Republic's privatization process. This book is the result of the unique insights he gained and the innovative analytical framework he subsequently developed—ownership regime theory—which for the first time places ownership structures at the center of political transition analysis. Engaging and important, The Politics of Greed applies ownership regime theory to a broad range of post-communist privatization cases, including those of the Czech Republic, Poland, Hungary, Russia, and Ukraine.

Privatisation In Hungary The Economic Policy Of The New Government

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Author :
language : en
Publisher:
Release Date : 1994

Privatisation In Hungary The Economic Policy Of The New Government written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Business categories.

Privatization And The Rebirth Of Capital Markets In Hungary

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Author : C. Edward Fletcher
language : en
Publisher:
Release Date : 1995

Privatization And The Rebirth Of Capital Markets In Hungary written by C. Edward Fletcher and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Business & Economics categories.

The Republic of Hungary has emerged as the leader in capital market reforms among former Soviet Bloc countries. Since 1982 the country has made significant strides towards the privatization of its economy and the implementation of market regulations, serving as a model for other formerly socialist countries. The progress and mistakes of the Hungarian movement towards capitalism are studied here as a model for reforms in other countries in Eastern Europe. Particular emphasis is placed on the legal and regulatory structures that have been established to facilitate the transition. Banking reforms, development of the Budapest Stock Exchange, stabilization of the forint, and many other interrelated reforms that are an integral part of Hungary's capital market infrastructure are also examined.

Privatisation Against The European Social Model

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Author : Marica Frangakis
language : en
Publisher: Palgrave MacMillan
Release Date : 2009-11-05

Privatisation Against The European Social Model written by Marica Frangakis and has been published by Palgrave MacMillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-11-05 with Business & Economics categories.

This book presents a comprehensive overview and critical analysis of the processes of liberalization and privatization, and their consequences for economic performance, social cohesion and political democracy in the European Union. It examines the main drivers and the various theoretical rationales for privatisation in the context of different schools of thinking. It argues on the basis of broad empirical evidence that privatisation in Europe, particularly the ongoing privatization of social services, undermines the basic elements of the different social models that have developed in Europe. These arguments are supported by a number of in-depth case studies, with specific focus on health care, education and finance. The authors of this volume advance from this critique and explore the basic requirements for a progressive public sector and its role for economic, social and democratic development. This book will be indispensable reading for all interested in Economic Policy, Public Sector Economics, European Integration and Political Science.

The Political Economy Of Hungary

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Author : Adam Fabry
language : en
Publisher: Palgrave Pivot
Release Date : 2019-04-13

The Political Economy Of Hungary written by Adam Fabry and has been published by Palgrave Pivot this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-04-13 with Political Science categories.

This book explores the political economy of Hungary from the mid-1970s to the present. Widely considered a ‘poster boy’ of neoliberal transformation in post-communist Eastern Europe until the mid-2000s, Hungary has in recent years developed into a model ‘illiberal’ regime. Constitutional checks-and-balances are non-functioning; the independent media, trade unions, and civil society groups are constantly attacked by the authorities; there is widespread intolerance against minorities and refugees; and the governing FIDESZ party, led by Prime Minister Viktor Orbán, controls all public institutions and increasingly large parts of the country’s economy. To make sense of the politico-economical roller coaster that Hungary has experienced in the last four decades, Fabry employs a Marxian political economy approach, emphasising competitive accumulation, class struggle (both between capital and labour, as well as different ‘fractions of capital’), and uneven and combined development. The author analyses the neoliberal transformation of the Hungarian political economy and argues that the drift to authoritarianism under the Orbán regime cannot be explained as a case of Hungarian exceptionalism, but rather represents an outcome of the inherent contradictions of the variety of neoliberalism that emerged in Hungary after 1989.