Under free-market shock therapy, many economies of former socialist countries of Eastern Europe have declined. Why has there been so much stagnation, inflation, and de-industrialization, and what can be done to produce a turnaround? This book addresses these questions in revealing detail.

Special attention is paid to the roles of corporate governance, technological integration, the role of environmental and regional policies and the reform of the banking system.

All over Europe post-Second World War large-scale housing estates face physical, economic, social and cultural problems. This book presents the key findings of a major EU-funded research programme into the restructuring of twenty-nine large-scale housing estates in Northern, Western, Southern and Eastern Europe. Policy and practice between and within the ten countries studied - UK, the Netherlands, Sweden, Germany, Poland, Hungary, Slovenia, Italy, Spain, and France - is compared. While existing literature focuses on the negative aspects of large-scale housing estates, this book starts from the premise that the estates can be transformed into attractive places to live and focuses on the possibilities of sustainability and renewal through social, physical and policy actions. Specifically, the book explains the origins and nature of contemporary problems on the estates; examines which policy objectives, measures and processes have had the greatest impact; assesses and compares a wide range of local, regional and national initiatives; discusses current ideas and philosophies, such as 'place making' and 'collaborative planning' that are likely to influence future policy and practice and provides good practice guidance for neighbourhood sustainability and renewal. Written by a multi-national team of experts and drawing on original fieldwork, the book provides unique comparative insights into the present and future position of large-scale housing estates in Europe. Restructuring large-scale housing estates in Europe is an invaluable resource for a wide audience of academics, researchers, students and policy makers in the fields of housing, urban studies, community studies, regeneration, planning and social policy.

A distinguished selection of contributors provide the theoretical background to the restructuring of Europe that is currently underway. It attempts to situate the ethical debates in a historical, legal and constitutional context, considering important and topical issues such as the rights to seccession and self-determination of minorities in Eastern Europe, and the question of whether national movements are justified in using force to achieve their ends. The authors number legal and constitutional scholars, political philosophers and international relations theorists. There are contributions from Poland and Croatia.

In Eastern Europe privatization is now a mass phenomenon. The authors propose a model of it by means of an illustration from the example of Poland, which envisages the free provision of shares in formerly public undertakings to employees and consumers, and the provision of corporate finance from foreign intermediaries. One danger that emerges is that of bureaucratization. On the broader canvas, mass privatization implies the reform of the whole system, the creation of a suitable economic infrastructure for a market economy and the institutions of corporate governance. The authors point out the need for a delicate balance between evolution - which may be too slow - and design - which brings the risk of more government involvement than it is able to manage. A chapter originating as a European Bank working paper explores the banking implications of setting up a totally new financial sector with interlocking classes of assets. The economic effects merge into politics as the role of the state is investigated. Teachers and graduate students of public/private sector economies, East European affairs; advisers to bankers or commercial companies with Eastern European interests.

This volume presents cases from a World Bank study of state-owned industrial firms in Poland, Hungary and the Czech and Slovak republics. Topics that are covered include: structure of the industry; history of the firm; and product mix and sales pattern.