in particular the implementation of financial stabilization. In Poland, the Czech Republic and Slovakia in the early 90's was effectively carried out "shock therapy". Thus, in the Czech Republic 2-3 years after the reforms the rate of inflation fell to 10% per year. 6
Important place in the transformation process in Eastern Europe has been privatized, which together with other socio-economic changes contributed to overcoming the economic crisis. In the mid 90's. Almost all Eastern European countries emerging transformational recession entered the stage of economic growth.transition from recession to growth in these countries contributed to7 :) The rapid expansion of the "new private sector" that is, private companies created in recent years with " zero "in the light and food industries. They do not require large capital investments are focused primarily on consumer demand ;) A large influx of foreign capital. At new factories built by foreign companies with high technical equipment, is rapidly increasing production ;) Clean-up of banks and enterprise restructuring. As a result, the banks got rid of "bad" debt by the debtor companies. Simultaneously there was a union of banks impose stricter regulation of banking activities. Enterprise restructuring was aimed at a wide range of measures to improve its operations: Isolation from the business viable and nonviable structural units, privatization, dismissal of employees, selection of managers, looking for investors, the modernization and development of new products, marketing organizations, etc. ;) Selective structural policy: state support of potentially competitive enterprises., this has greatly solved the problem of financial stabilization, liberalization and institutional reforms8: interest is the experience of market reforms in China. This process began there in the late 70's. In developing reform programs were developed principles for their implementation: E to copy the experience of other countries that rely mainly on their own resources, to preserve the socialist socio-economic order, make changes gradually and comprehensively, to avoid the social, political, and psychological upheavals in society.that the bulk of the population lives in the countryside, reform was decided to start with them. The peasants have the right to rent land. With the deepening of the reform period contracts for land use is prolonged. This stimulated the long-term investment in allotments. Now ownership of the land was inherited. Land formally is in collective ownership, and in fact - has been privatized. Peasants receive mandatory stable jobs for the sale of the state of several kinds of products. The remaining products are sold on the open market at market prices.industry, the task of privatization was not posed. The reforms are carried out through decentralized control. Significant role in China's economy is state. Pricing is bas...
