search query: @author Farr, M. / total: 7
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Author: | Farr, M. |
Title: | The grim reality: the long road ahead will discourage many Western firms from immediate commitments to invest in Eastern Europe. |
Journal: | International Management
1990 : APR, VOL. 45:3, p. 24-29,32,35,38 |
Index terms: | FOREIGN INVESTMENT EUROPE, EAST |
Language: | eng |
Abstract: | Assessment of investment prospects in the East European countries and slowness of the change of system. Rise in joint ventures. FRG/GDR merger and investments needed in infrastructure. Poland: telecommunications problem. Joint venture permits. Lack of management know-how. Hungary: economic reforms, privatization and problems for joint ventures. Czecho-Slovakia: new legislation package. Areas that appeal to investors. East-West management conference. Romania: backward industrial base. Lack of foreign debts. Outdated phone system and bad roads. Bulgaria: Rank Xerox plant and lack of cooperation. Inefficient industrial base. Difficulties for foreign companies. |
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