Polish bank consolidation and foreign competition: creating a market-oriented banking sector

Article Abstract:

The consolidation of state-owned commercial banks in Poland is studied by analyzing the characteristics of the country's 19 largest banks and comparing the current structure of Poland, Hungary and the Czech Republic's banking sectors. An analysis of the Polish government's consolidation proposal shows that the proposal is insufficient in meeting economic and political objectives. A market-oriented banking sector may be created by combining consolidation with foreign competition.

Banking Institutions, Depository Credit Intermediation, DEPOSITORY INSTITUTIONS, Banking industry, Economic aspects, Banks (Finance), Acquisitions and mergers

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Privatization and efficient contracts: the worker's stake in the transition

Article Abstract:

The privatization of large state-supported enterprises in Hungary and Poland was examined. The features of this program emphasized in the study are on the special treatment accorded to workers, the process of decision-making used by the newly privatized companies and the required restructuring for capital attraction. The utility of adapting debt reduction and less generous unemployment compensation to companies in both countries was established.

Research, Economic policy, Hungary, Privatization, Privatization (Business)

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The "transition" in comparative economics

Article Abstract:

The Journal of Comparative Economics will be managed as a quarterly, single volume per year publication. The journal will feature symposia about comparative economics as well as other topics of interest and that each issue will not focus on a single subject but on two or more points of interest. Volunteers for guest editors will also be entertained and that roundtable discussions would be featured when possible.

Periodical Publishers, Periodicals, Professional Journals NEC, Editorial, Management, Literature, Professional journals, Comparative economics, Journal of Comparative Economics

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