Synopses & Reviews
The post-communist European countries have faced enormous political and economic problems in attempting the transformation to a market oriented economy through two of the most important channels influencing this process—privatization and foreign investments. Focusing on Russia, the Czech Republic, Hungary, Bulgaria, and Poland, the authors examine the trends toward privatization and the problems facing the countries economic managers and foreign investors. They explore what can be done to increase foreign direct and equity investment given the political risks involved in the economic transformation. Scholars and students of international economics, international trade, Russian and Eastern European studies, and government and international agencies should find this study on the relationship between privatization and foreign investment informative and useful.
Synopsis
Political risk remains the major block to investment in the region.
About the Author
ILIANA ZLOCH-CHRISTY is currently a senior associate at St. Anthony's College, Oxford University.
Table of Contents
Acknowledgments
Abbreviations
Introduction: Foreign Investments and the Transition in Post-communist Europe by Iliana Zloch-Christy
Economic Transformation, Privatization, and Foreign Capital: Eastern European Perspectives
Problems of Foreign Investments in Russia and in the former Soviet Union by Alexander Barski
Emerging Market Structures in Russia: Developments in Commodity Markets by Stefan Zhurek
Economic Transformation, Privatization, and Foreign Investments in the Czech Republic by Michal Mejstrik
Privatization and Foreign Investments in Poland, 1990-1993: Results, Problems, and Lessons by Wladyslaw W. Jermakowicz
Hungary's Road to Privatization by Gabor Bakos
Foreign Direct Investments in Hungary by Gyorgy Csaki
Investment Policy and the Privatization in Bulgaria by Georgi Smatrakalev
Privatization and Foreign Investment in Bulgaria by Daniela Bobeva and Alexander Bozhkov
New Regional Economic Developments in Post-communist Europe: Free Trade Zone in Central Europe? by Gabor Bakos
Privatization and Foreign Investments: Western Perspectives
Japan's Foreign Direct Investments in East European Countries by Ken Morita
Magyar Suzuki Case Study of Japanese Investment by Gabor Bakos
Economic Transformation, External Imbalances, and Political Risk in Post-communist Eastern Europe by Iliana Zloch-Christy
Concluding Remarks by Iliana Zloch-Christy
Index