(This abstract was borrowed from another version of this item.)"> (This abstract was borrowed from another version of this item.)">
[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/p/del/abcdef/94-24.html
   My bibliography  Save this paper

Crédibilité des réformes et ajustement des entreprises en Pologne et en république tchèque

Author

Listed:
  • Bouin, O.
  • Grosfeld, I.
Abstract
[eng] Reform credibility and the adjustment of enterprises in Poland and the Czech Republic. . The purpose of this paper is to analyse the behaviour of Polish and Czech enterprises under conditions of radical economic reform. On the basis of a sample of 400 large industrial firms and of 20 case studies, we show that the extent and nature of the adjustments in the two countries are fairly comparable. Our analysis of the restructuring suggests that the credibility of the enforcement of bankruptcy procedures can partly be considered as a substitute for the government's commitment to privatise. In the long run, however, restructuring depends on the evolution of property structures and that of the financial system. [fre] Cet article se propose d'analyser les comportements des entreprises polonai­ses et tchèques en les reliant aux politiques de réforme économique radicale. Sur la base d'un échantillon de 400 grandes entreprises industrielles et de vingt études de cas, nous montrons que l'ampleur et la nature des ajustements sont relati­vement comparables. Notre analyse des origines de ces restructurations au cours de la période de pré-privatisation suggère que la crédibilité de la mise en œuvre des procédures de faillite peut être partiellement considéré comme un substitut à l'engagement du gouvernement à privatiser. À long terme, les restructurations dépendront toutefois de l'évolution des structures de propriété et de celle du sys­tème financier.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Bouin, O. & Grosfeld, I., 1994. "Crédibilité des réformes et ajustement des entreprises en Pologne et en république tchèque," DELTA Working Papers 94-24, DELTA (Ecole normale supérieure).
    • Handle: RePEc:del:abcdef:94-24
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Aghion, Philippe & Blanchard, Olivier & Burgess, Robin, 1994. "The behaviour of state firms in eastern Europe, pre-privatisation," European Economic Review, Elsevier, vol. 38(6), pages 1327-1349, June.
    2. Grosfeld, Irena & Roland, Gérard, 1995. "Defensive and Strategic Restructuring in Central European Enterprises," CEPR Discussion Papers 1135, C.E.P.R. Discussion Papers.
    3. Grosfeld, Irena, 1994. "Financial Systems in Transition: Is there a Case for a Bank Based System?," CEPR Discussion Papers 1062, C.E.P.R. Discussion Papers.
    4. Olivier Bouin & François Bourguignon, 1994. "Transférer la propriété privée par la méthode des coupons : l'expérience de l'ex-Tchécoslovaquie," Revue Économique, Programme National Persée, vol. 45(3), pages 845-856.
    5. Bofinger, Peter, 1993. "The Output Decline in Central and Eastern Europe: A Classical Explanation," CEPR Discussion Papers 784, C.E.P.R. Discussion Papers.
    6. Brian Pinto & Marek Belka & Stefan Krajewski, 1993. "Transforming State Enterprises in Poland: Evidence on Adjustment by Manufacturing Firms," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 24(1), pages 213-270.
    7. Burda, Michael C, 1994. "Structural Change and Unemployment in Central and Eastern Europe: Some Key Issues," CEPR Discussion Papers 977, C.E.P.R. Discussion Papers.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Irena Grosfeld & Claudia Senik-Leygonie, 1996. "Trois enjeux des privatisations à l'Est," Revue Économique, Programme National Persée, vol. 47(6), pages 1351-1371.
    2. Jean-François Nivet, 1994. "La privatisation en Pologne : d'une approche plurielle aux difficultés de la privatisation de masse," Économie et Statistique, Programme National Persée, vol. 279(1), pages 121-133.
    3. Jean-François Nivet, 1997. "Comportement des employés et restructuration des entreprises d'Etat en Europe centrale," Revue Économique, Programme National Persée, vol. 48(1), pages 75-91.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jean-François Nivet, 1997. "Comportement des employés et restructuration des entreprises d'Etat en Europe centrale," Revue Économique, Programme National Persée, vol. 48(1), pages 75-91.
    2. Walsh, Patrick Paul & Whelan, Ciara, 2001. "Firm performance and the political economy of corporate governance: survey evidence for Bulgaria, Hungary, Slovakia and Slovenia," Economic Systems, Elsevier, vol. 25(2), pages 85-112, June.
    3. Voszka, Éva, 2005. "Állami tulajdonlás - elvi indokok és gyakorlati dilemmák [State ownership - reasons in principle and dilemmas in practice]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 1-23.
    4. Igor Filatotchev & Irena Grosfeld & Judit Karsai & Mike Wright & Trevor Buck, 1996. "Buy‐outs in Hungary, Poland and Russia: governance and finance issues1," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 4(1), pages 67-88, May.
    5. Hyvärinen, Jari, 2004. "EU Outsourcing to the East, Governance and Innovation Systems in the Baltic Countries - A Three-Stage Approach," Discussion Papers 934, The Research Institute of the Finnish Economy.
    6. repec:hal:spmain:info:hdl:2441/8101 is not listed on IDEAS
    7. Irena Grosfeld & Claudia Senik-Leygonie, 1996. "Trois enjeux des privatisations à l'Est," Revue Économique, Programme National Persée, vol. 47(6), pages 1351-1371.
    8. Jérôme Sgard, 1996. "Credit Crisis and the Role of Banks During Transition: a Five-Country Comparison," Working Papers 1996-08, CEPII research center.
    9. Jan Hagemejer & Joanna Tyrowicz, 2021. "Structural change and misallocation: Firm‐level evidence from Poland," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 29(1), pages 95-122, January.
    10. Djankov, Simeon & Pohl, Gerhard, 1997. "The restructuring of large firms in Slovakia," Policy Research Working Paper Series 1758, The World Bank.
    11. Jean-François Nivet, 1994. "La privatisation en Pologne : d'une approche plurielle aux difficultés de la privatisation de masse," Économie et Statistique, Programme National Persée, vol. 279(1), pages 121-133.
    12. repec:spo:wpmain:info:hdl:2441/8101 is not listed on IDEAS
    13. Jana Fidrmucova, 2000. "Channels of Restructuring in Privatized Czech Companies," Econometric Society World Congress 2000 Contributed Papers 1358, Econometric Society.
    14. Debande, Olivier & Friebel, Guido, 2004. "A positive theory of give-away privatization," International Journal of Industrial Organization, Elsevier, vol. 22(8-9), pages 1309-1325, November.
    15. Johnson, Simon & Kouvelis, Panos & Sinha, Vikas, 1997. "On Reform Intensity under Uncertainty," Journal of Comparative Economics, Elsevier, vol. 25(3), pages 297-321, December.
    16. J. David Brown & John Earle & Almos Telegdy, 2004. "Does Privatization Raise Productivity? Evidence from Comprehensive Panel Data on Manufacturing Firms in Hungary, Romania, Russia, and Ukraine," CERT Discussion Papers 0410, Centre for Economic Reform and Transformation, Heriot Watt University.
    17. repec:eee:labchp:v:3:y:1999:i:pb:p:2809-2857 is not listed on IDEAS
    18. Josef C. Brada, 1996. "Privatization Is Transition--Or Is It?," Journal of Economic Perspectives, American Economic Association, vol. 10(2), pages 67-86, Spring.
    19. Helena Hannula, 2001. "Restructuring of the Estonian economy and the role of FDIs in it," University of Tartu - Faculty of Economics and Business Administration, in: Foreign Direct Investments in the Estonian Economy, volume 9, chapter 3, pages 91-174, Faculty of Economics and Business Administration, University of Tartu (Estonia).
    20. Honohan, Patrick & Vittas, Dimitri, 1996. "Bank regulation and the network paradigm : policy implications for developing and transition economies," Policy Research Working Paper Series 1631, The World Bank.
    21. Swati Basu & Saul Estrin & Jan Svejnar, 2005. "Employment Determination in Enterprises under Communism and in Transition: Evidence from Central Europe," ILR Review, Cornell University, ILR School, vol. 58(3), pages 353-369, April.
    22. De Loecker, Jan & Konings, Jozef, 2003. "Creative Destruction and Productivity Growth in an Emerging Economy: Evidence from Slovenian Manufacturing," IZA Discussion Papers 971, Institute of Labor Economics (IZA).
    23. Estrin, Saul & Schaffer, Mark E. & Singh, Inderjit, 1995. "The provision of social benefits in state-owned, privatized and private firms in Poland," LSE Research Online Documents on Economics 121686, London School of Economics and Political Science, LSE Library.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:del:abcdef:94-24. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/deltafr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.