Enterprise adjustment in transition economies : Czechoslovakia, Hungary and Poland (anglais)

The purpose of this paper is to provide an analysis of the adjustments of industrial enterprises to economic reforms in transition economies -- Hungary, Czechoslovakia, and Poland. The paper has four main findings. 1) Despite the disparity in industrial structure, preconditions to reform, sequencing and so forth, the actual process of industrial adjustment has been remarkably similar in the three countries. 2) Enterprise profitability in transition...
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