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Privatization of Industry in Central and Eastern European Countries

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  • Emilia Balan

Abstract

Since the fall of the communist regime in the early 1990s, the Central and South Eastern European countries (CEE) have gone through several phases of transition, having a mail goal the liberalization of their economies. Experiences taken from centralized planned economy to a market economy, economists have offered an opportunity to study both theoretically and in practical point of view. The economists are still debating various strategies and their economic transition, because the problems of transition in CEE countries are not fully resolved. The purpose of this article was the theoretical and empirical analysis of the privatization of the industry of Central and Eastern Europe, the current European Union Member States and the main economic indicators are built into the process, to identify structural weaknesses in the economies of emerging post communist.

Suggested Citation

  • Emilia Balan, 2014. "Privatization of Industry in Central and Eastern European Countries," Revista de Economie Mondiala / The Journal of Global Economics, Institute for World Economy, Romanian Academy, vol. 6(2), June.
    • Handle: RePEc:iem:journl:v:6:y:2014:i:2:id:2822000009237055
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    References listed on IDEAS

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    More about this item

    Keywords

    the countries of Central and Eastern Europe (CEE); the European Union; structural deficiencies; transition; industry; postcommunist states;
    All these keywords.

    JEL classification:

    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • J45 - Labor and Demographic Economics - - Particular Labor Markets - - - Public Sector Labor Markets
    • J48 - Labor and Demographic Economics - - Particular Labor Markets - - - Particular Labor Markets; Public Policy
    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • P29 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Other
    • P31 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions

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