When Economies Change Hands: A Survey of Entrepreneurship in the Emerging Markets of Europe from the Balkans to the Baltic States

by Dana; Leo Paul

• ISBN13: 9780789016478
• ISBN10: 0789016478
• Edition: 1st
• Format: Nonspecific Binding
• Copyright: 2005-07-25
• Publisher: Routledge

Summary

Gain a comprehensive understanding of the development of entrepreneurship across Eastern Europe Throughout Eastern Europe, post-Communist countries transitioning to market-based economies are obtaining a variety of results due to diverse policy approaches. When Economies Change Hands evaluates the nature of entrepreneurship in this region, the consequences of central planning, the reasons for internal subsistence activity, and the emergence of the sex trade in Eastern Europe. The wealth of information in this resource is clearly presented and includes thought-provoking policy prescriptions for the future. It is challenging to predict the direction emerging markets will take, particularly when dealing with the wide-ranging social and economic situations taking place in post-Communist Eastern Europe. When Economies Change Hands can help. This reference volume for policymakers, educators, investors, and researchers provides a much-needed and timely survey of the transitioning markets of post-Communist Europe. It examines the historical, sociocultural, and economic impacts of market transition. The text includes a discussion of the creation and distribution of wealth in the countries of Eastern Europe that will leave you better informed about the dynamics of transitioning economies and the growth of entrepreneurship across Eastern Europe. In addition, the book demonstrates the problems and advantages of both slow reform and rapid reform models in a thorough and easy-to-read manner. When Economies Change Hands includes vivid photos of notable entrepreneurs and a sophisticated trail of references for academics that complements the useful and meaningful information you will find in the text. When Economies Change Hands examines how various policies affect the economies of transitioning countries by incorporating and discussing: detailed definitions and comparisons of formal and parallel economies an in-depth study of entrepreneurship in the Republic of Albania, the Eastern Bloc of Comecon, The Baltic States, and the Commonwealth of Independent States pluralism in the former Yugoslav Republics analyses of governmental programs and policy prescriptions for the future and much more! As the market economies of Eastern Europe develop and expand, the value of this meticulous yet accessible text will continue to increase. Whether you are a policymaker, an educator, an investor, or a researcher, When Economies Change Hands is a resource that you'll return to again and again as you work to understand and predict the future of post-Communist economies in Eastern Europe.

Table of Contents

Foreword	ix
Robert D. Hisrich
Preface	xi
Acknowledgments	xiii
Introduction	1	(16)
The Context for Entrepreneurship	1	(5)
Methodology	6	(1)
The Formal Economy: The Firm-Type Sector and the Bazaar	7	(1)
The Parallel Economy: Informal, Internal, and Covert	8	(9)
Land of the Perseritje Model	17	(18)
The Republic of Albania	17	(18)
The Former Yugoslav Republics	35	(74)
Pluralism and the Yugopluralist Model	35	(1)
An Introduction to Yugoslavia	36	(8)
The Federation of Bosnia-Hercegovina	44	(18)
The Republic of Croatia	62	(10)
The Former Yugoslav Republic of Macedonia (FYROM)	72	(13)
The State Union of Serbia and Montenegro	85	(8)
The Republic of Slovenia	93	(16)
The East Bloc of COMECON	109	(96)
The Republic of Bulgaria	109	(20)
The Czech Republic	129	(10)
The German Democratic Republic (East Germany)	139	(11)
The Republic of Hungary	150	(9)
The Republic of Poland	159	(20)
The Republic of Romania	179	(16)
The Slovak Republic (Slovakia)	195	(10)
The Commonwealth of Independent States (CIS)	205	(66)
The Union of Soviet Socialist Republics and Perestroika	205	(8)
The Republic of Belarus (White Russia)	213	(10)
The Republic of Moldova	223	(18)
The Russian Federation	241	(14)
The Ukraine (Little Russia)	255	(16)
The Baltic States	271	(42)
The Republic of Estonia	272	(18)
The Republic of Latvia	290	(11)
The Republic of Lithuania	301	(12)
Toward the Future	313	(12)
Implications for Policymakers	316	(1)
Implications for Educators	317	(2)
Implications for Western Managers and Investors	319	(2)
Toward Future Research	321	(1)
Toward the Future	322	(3)
Notes	325	(6)
References	331	(20)
Index	351