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
