Towards a New Economic Order in the Countries of Central and Eastern Europe

Riha, Tomas J.F.

doi:10.1108/eum0000000000495

Cited by 2 publications

(2 citation statements)

References 5 publications

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“…Transitional economies are urged to gravitate from inward-looking economic policies to more expansive market policies. The contemporary, popular market economy model (Riha, 1992) is to have less bureaucracy, expand the private sector, and reduce the public sector with a view to releasing competitive markets. This laissez-faire approach (espoused first by Adam Smith in 1776) is altering, for instance, the economic landscape of developing countries in Africa, South Asia, and the Far East.…”

Section: Introductionmentioning

confidence: 99%

9.3.5 Internet Marketing In Central and Eastern Europe: Will It Catch Up With the West?

Sohmen

2002

INCOSE International Symp

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This paper looks at the Internet as a marketing and e‐business tool, and its prospects in Central and Eastern European countries. Some of the impediments to Internet marketing in Central and Eastern Europe are considered. It is recommended that to narrow the gap with Western Europe, the use of e‐projects would provide flexibility and fast‐tracking capabilities to firms in the transitional economies. These countries can also craft strategies consonant with their own historical and cultural legacies. Insights are offered into Internet marketing prospects for Central and Eastern European countries as emerging and promising economies.

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Section: Introductionmentioning

confidence: 99%

9.3.5 Internet Marketing In Central and Eastern Europe: Will It Catch Up With the West?

Sohmen

2002

INCOSE International Symp

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“…(2) the social market economy model presented by several German writers (Riha, 1992;Bo Èhm, 1950;Eucken, 1952).…”

Section: Introductionmentioning

confidence: 99%

Transitional economies and economic globalisation

Tisdell

2001

International Journal of Social Economics

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As former communist countries have proceeded with market reforms, they have become more enmeshed in the international economy and their involvement in economic globalisation continues to grow. While economic theory suggests that this should bring several economic advantages to transitional economies (such as greater diversity of choice of commodities, lower costs as a result of greater economic specialisation, enhanced economic growth as a result of liberalization of capital and technology transfers), the social and environmental consequences of globalisation have in many cases not been favourable so far. Unemployment is emerging as a major problem in some transitional economies, social safety nets (especially for women, children and the elderly) have been breached, and basic needs are no longer being met across the board as in communist days. In most cases, inequality of income has increased and a bimodal distribution may be emerging in many other economies. Those on the low welfare‐ (income‐) side of the bimodal distribution are casual workers, those in the informal sector, the unemployed and the handicapped, including the elderly. Those on the right‐hand bulge of the income distribution curve seem to be the permanently employed (a declining proportion of population) and rich entrepreneurs and capitalists. The paper suggests that structural adjustment policies may be altering the shape of the Kuznets curve of income distribution from an inverted‐U to a bimodal form in both capitalist and former communist‐counties. Transitional processes have failed to overcome many of the environmental problems experienced by former communist countries. This is particularly so in transitional economies which have experienced negative economic growth, such as Russia. It is partly a consequence of lack of investment in capital stock. Lack of economic growth makes it difficult to implement environmental reforms and maintain social services. It is also noted that economic globalisation in terms of trade and capital inflows (including aid) makes transitional economies more dependent on the rest of the world. They can therefore be more easily subjected to external strategic economic bargaining or threats.

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Towards a New Economic Order in the Countries of Central and Eastern Europe

Cited by 2 publications

References 5 publications

9.3.5 Internet Marketing In Central and Eastern Europe: Will It Catch Up With the West?

9.3.5 Internet Marketing In Central and Eastern Europe: Will It Catch Up With the West?

Transitional economies and economic globalisation

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