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Free Market Economy

by Katarina P

BLITZ

by c b

Learning Environment

by Rebecca Indovina

FINANCIAL MATHEMATICS

by Maria Paula Hernadez Vergara

CENTRAL AND EASTERN EUROPE

Poland

Radical economic reforms and difficult relatively transition

Decline republic services

countuining unemployment

Poland economy relative well

Inflation initially

Head start on the other former communist bloc-countries

Albania

Start from zero

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

But still struggle but slowly making progress

The key

Job producing firms up and running

Get Factories and get other value added

Rebuild and collapsed infrastructure

Establish the rule of law

Maintain social order

Rusia

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

Has painfully slow economic recovery and man recurrent problems

Growing crime /High risks

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

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

Grow poverty declines and the middle class expands

Hungary

MNCs make direct investments

Electric company

Join ventures to local companies

Proffesional labour

low cost of highly skills