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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/4158 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/4158 http://eprints.org/relation/isCoversheetVersionOf https://pure.iiasa.ac.at/id/document/4158 archive 351 disk0/00/00/47/65 2016-01-15 02:07:07 2021-08-27 17:15:31 2016-01-15 02:07:07 monograph show 2 Grayson L.E. 7159 Bodily S.E. 7214 pub iis_ecn iis_mnt prog_eti The report analyses the behavior of firms and managers in the Czech Republic, Slovakia, and Hungary during their integration into the world economy. The conclusions are based on 23 case studies conducted in 1995. The investigators found a rapidly transforming mosaic of managerial behavior that both changed over time and varied from firm to firm in all three countries. They found no one pattern of behavior that could be labeled as prototypical. Success was determined, to a large extent, by the managers' flexibility to adapt to rapid -- and always uncertain -- changes. Microeconomics, managerial behavior, and case studies that illustrate them are key to understanding how economics work. Macroeconomics, fiscal and monetary policies, and stabilization are indeed very important but, by a long shot, they do not tell the whole story. The transformation and integration literature is full of microstudies; far too few micro projects have been undertaken because they are so labor-intensive. The authors hope that there will be many more micro studies. The report presents four categories of case studies: new firms, joint ventures, privatized companies, and state-owned enterprises (SOEs). 1996-12 published RR-96-019 RR-96-019 15 1296 1160 public research_report IIASA, Laxenburg, Austria 172 TRUE FALSE info:eu-repo/semantics/book