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Financial context of ceec process of privatization and restructuring (czech republic, poland, hungary)

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  • Petr Chvojka

Abstract

As EU Eastern enlargement draws nearer, CEE countries - especially those with the best chance to become EU members in the first group - have to get prepared for the EU environment, where they will be exposed to new competitive pressures. They have to increase their performance and overcome their low level of competitiveness, existing in spite of their recent relatively successful transition from command to market economy. Even though they are not a homogeneous group of states, at minimum those of them, the application of which for joining EU are dealt with, show despite the existing differences certain common features of their hitherto transformation (including restructuring) development (we take into account the Czech Republic, Hungary and Poland).

Suggested Citation

  • Petr Chvojka, 1998. "Financial context of ceec process of privatization and restructuring (czech republic, poland, hungary)," Prague Economic Papers, Prague University of Economics and Business, vol. 1998(2).
    • Handle: RePEc:prg:jnlpep:v:1998:y:1998:i:2:id:149
    DOI: 10.18267/j.pep.149
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