The paper starts by outlining some basic definitions and conceptions of restructuring, noting that in transition economies the needed scale of restructuring is substantial, with the result that unemployment, and the associated social costs, can turn out to be very high unless the process of...

Is Greece a reforming economy? The purpose of this paper is to present the evolution and structure of the banking sector in Greece, with reference to the parallel experiences of the Eastern European (EE) countries. In Section 2, we are concerned with the domestic economic environment within...

This paper uses a survey of 3,300 firms in 25 transition countries to shed light on the factors that influence restructuring by firms and their subsequent performance as measured by growth in sales and in sales per employee over a three-year period. We begin by surveying what a decade of...

This paper reviews recent developments and progress in the restructuring of the Russian economy. Great emphasis is placed on industrial policy and creating the necessary legal and regulatory framework to enable the development of new enterprises, markets and the restructuring of existing...

This paper addresses issues related to the process of restructuring of the Bulgarian economy during the transition period. The analysis, based on the use of input-output tables, reveals various aspects of economic activity in their interconnection. As the economy evolves over time the structure...

This paper focuses on the restructuring of Moldovan industry. Its purpose is to analyse the actual situation, the experience of restructuring and the role that industrial restructuring can play in favouring the process of obtaining economic stability and growth. The central conclusion of this...