CENTRAL AND EASTERN EUROPE

Hungary

Join ventures to local companies

low cost of highly skills

Proffesional labour

MNCs make direct investments

Electric company

Rusia

Grow poverty declines and the middle class expands

International Monetery fund (IMF) is helping to rais GDP,decreaces inflation

created from the initial attempt at transitioning to a market based on economy

Has painfully slow economic recovery and man recurrent problems

Growing crime /High risks

Western style business courses/MBA programs (preparation trend globalization)

The key

Maintain social order

Establish the rule of law

Rebuild and collapsed infrastructure

Get Factories and get other value added

Job producing firms up and running

Albania

Start from zero

Industrial output initially fell over 60% percent and inflation 40% percent.

But still struggle but slowly making progress

Poland

Head start on the other former communist bloc-countries

Radical economic reforms and difficult relatively transition

Inflation initially

countuining unemployment

Poland economy relative well

Decline republic services