The work is a practical examination of fundamental strategic issues confronted by firms competing in newly opened markets. It covers emerging markets in East Asia, Central and Eastern Europe and the new states of the former Soviet Union.
The book of readings, Business Strategies for Economies in Transition, is a collection of papers describing various business issues as they occurred during the economic transitions in Central and Eastern European countries. The book’s sections are organized along the typical academic business disciplines – Marketing Management, Advertising, Finance and Banking and Human Resource Management. This organization allows professors from various disciplines to focus on articles within the area of their specific interest. The Maculan case is a multifaceted exercise. The scope is very broad, covering topics such as management, multi cultural environment, changing regulations, and corporate growth, to name a few. The accompanying Teaching Note gives some classroom guidance on how to approach this case. However, educators may find other issues in this case worth discussing with students. While the readings are from CEE countries, we feel that much of the material can and should be used when looking at other economies, be they in transition or in the process of economic development. There are many countries that are in one of these two stages. Many of the problems addressed in this book are relevant to developing economies. Any major change in the economic system, be that transition or development, impacts people. As such, the response of the population will directly influence the chance of a successful transformation.
In 1994, the Asia Foundation's Center for Asian Pacific Affairs began a two-year project to compare the transitions of selected East European and Asian economies from centrally-planned communist systems to market economies. The goal was to shed light on the transition process through an understanding of the underlying economic and institutional dynamics. This volume is the culmination of that project.The volume is divided into three parts. In the first part, an overview, the editors review the authors' findings and highlight major themes. The second part looks closely at the transition process in seven Asian and East European economies: China, Vietnam, Mongolia, Russia, Poland, Hungary, and the Czech Republic. The third part contains six comparative studies that explore key elements of the transition process. The papers incorporate feedback obtained from meetings with cabinet members and high government officials, conferences, and seminars in Prague, Ho Chi Minh City, Hanoi, Beijing, Ulan Bator, and Washington, D.C. Contributors Leszek Balcerowicz, Barbara Blaszczyk, Peter Boone, Yuan Zheng Cao, Bruce Comer, Marek Dabrowski, Georges de Menil, Daniel C. Esty, Gang Fan, Boris Federov, Roman Frydman, Carol Graham, Stephen Parker, Andrzej Rapaczynski, James Riedel, Jeffrey D. Sachs, Baavaa Tarvaa, Vinod Thomas, Gavin Tritt, Adiya Tsend, Enkhbold Tsendjav, Joel Turkewitz, Narantsetseg Unenburen, Yan Wang, Wing Thye Woo
This collection examines the design of financial systems for central and eastern European countries engaged in the transition to market-based economies. It highlights the need for better approaches to measuring performance and providing incentives in banking and for financial mechanisms to encourage private-sector growth. Written by leading European and North American scholars, the essays apply modern finance theory and empirical data to the development of new financial sectors.
At a time of extraordinary challenges confronting the world, this book analyses some of the profound changes occurring in the development of cities and regions. It discusses the uncertainties associated with the stalling of hyper-globalization and asks whether this creates opportunities for resurgent regional economies driven by local capabilities, resource efficiencies and domestic production. Theory and evidence on socio-economic and environmental transitions underway in many regions are brought together. Implications of the shifting balance of global power towards emerging economies in the East are explored, along with the consequences of urbanization in the global South for politics and democracy. Dilemmas surrounding migration are also discussed, including whether incomers displace local workers and depress wages, or bring benefits in the form of know-how, new technology and investment. More integrative concepts of the region and theories of regional development are analysed, recognising the role of human capital, knowledge, innovation, finance, infrastructure and institutions. This was originally published as a special issue of Regional Studies.
"The authors show how development of non-plan trading relations was based on supplies of scarce, aid-subsidised goods which provided the means for local authorities, enterprises and individuals to convert their positions of political and social power into capital. They further highlight the ways in which new, market-oriented trade relations emerged in symbiosis with the planning system and continue to influence the economic structure and institutions today. Economic Transition in Vietnam outlines the many problems currently facing Vietnam, not least how new global forms of integration are affecting future development."--BOOK JACKET.
Waste to Wealth proves that 'green' and 'growth' need not be binary alternatives. The book examines five new business models that provide circular growth from deploying sustainable resources to the sharing economy before setting out what business leaders need to do to implement the models successfully.
The most comprehensive English-language overview of the modern Chinese economy, covering China's economic development since 1949 and post-1978 reforms--from industrial change and agricultural organization to science and technology.
""This book explores the importance of global stocks to economic structures and explores the effects that these holdings have on the financial status of nations. It also provides a systems approach to investment projects in a globalized and open society"--Provided by publisher"--
Globalization is everyone's business, asserts Kiggundu in this comprehensive examination of globalization's influences on transition economies. Globalization presents challenges to developed and developing countries alike, and these challenges can and must be managed. Countries making the move from state-run to market-driven economies were faced with formidable obstacles even before globalization's effects were fully felt. Kiggundu argues that we, the incipient global society comprised of governments, corporations, NGOs, and individuals, must take a strategic approach to managing globalization. He explores strategies in the fields of public sector reform, governmental use of technology, foreign direct investment and international trade policy, the evolving World Trade Organization, cultures of entrepreneurship, labor standards, and environmental protection. Strategies for managing globalization are not merely to achieve and maintain dominance or competitiveness, but also to integrate the concerns voiced by globalization's harshest critics and most disenfranchised victims: ethics, equity, inclusion, physical and psychological human security, sustainability, and development. Kiggundu contends that these values, summarized in a 1999 United Nations Development report, should go hand in hand with the mantras we hear from the management literature: profitability and maximizing shareholder value, among other traditional corporate goals. Providing a broad variety of examples, from Chile's management of financial crisis to the vision statements of Botswana and Malaysia, Kiggundu delineates the many ways in which developing countries are successfully managing the vagaries of globalization.