The Basic Features of Postcommunist Capitalism in Eastern Europe: Firms in Hungary, The Czech Republic, and Slovakia FROM THE PUBLISHER
King demonstrates that a modern capitalist system has emerged out of the ruins of Communist society in East Europe. He details the mechanisms by which this transformation occurred as well as the specific institutional characteristics of the new postcommunist capitalist system.
SYNOPSIS
Examines how modern capitalist systems have emerged out of the ruins of Communist society in East Europe.
FROM THE CRITICS
Booknews
King (sociology, Yale U.) presents a study of postcommunist economies in several Eastern European countries, based on substantial interviews in 69 firms in Hungary, the Czech Republic, Slovakia, and Slovenia during 1995, 1996, and 1998. An introduction discusses the development of capitalism in Eastern Europe. Subsequent chapters address findings and statistical evidence, newly developed forms of property, foreign direct investment, and the role of management and employee buy-outs. The conclusions examines the varied distribution of firm types in different countries and the relationship of different types of property to economic performance and long-term development. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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