• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

"Enterprise Development and Behavior including Corporate Governance and Restructuring"

Extracts from this document...

Introduction

Political Determinants of Private Sector Growth in Eastern Europe Thematic Area: "Enterprise Development and Behavior including Corporate Governance and Restructuring" Researcher 1: Razvan Grecu Tel: +40.21.326.11.85 E-mail: razvanclau@yahoo.com Researcher 2: Laurentiu Stefan Tel: +40.21.326.11.85 E-mail: laur_stefan@yahoo.com Administrating Institution: Romanian Society of Political Science, Agricultiori Str., No 128 Bis, Sector III, Bucharest, Romania Tel/Fax: +40.21.326.11.85 Web site: http://www.srsp.ro E-mail: office@srsp.ro Abstract The research we propose analyzes the impact of political institutions (broader defined) on the growth of private sector in Eastern Europe. While a large amount of scholarly researches focused on the influence of economic policies and indicators on the extension of private sector in Eastern Europe, the political factors that supported or hindered such development have been often neglected. Using a comparative approach and statistical analysis based on linear regression, our research gives account of the impact of such political factors on the development of private enterprises in Eastern Europe. Relevance of the Project Fifteen years after the breakdown of communist regimes in Eastern Europe, we notice important differences on the development of private sectors in countries of Central and Eastern Europe. One major question can be raised about the differences that appeared in this process among countries of the region: What factors can explain this variation? This is a particular important research question because the economic development (but also democratic stability) of the CEE countries is largely dependent of development of private sector, in the context of diminishing state sectors in economy, privatization of state enterprises etc. ...read more.

Middle

The novelty of this research resides in this approach. While there is a vast literature on economical determinants of private sector growth, less attention has been paid to the influence of political factors to development of private sector. There are at least two major reasons why we should focus on such relationships. The first one is that in Eastern Europe the economic development is associated to the development of private sector, due to systemic changes that happened after 1989. All over Eastern Europe, economic prosperity is the result of the private sector expansion associated with the withdrawal of the state from the economy. The second reason derives from the first one: if economic prosperity is to be happened in Eastern Europe due to private sector expansion in the economy, then factors that affect its development (others than economic factors) are also becoming very important. Hypotheses: In order to reach the research goals, we developed some specific hypotheses that will be tested. The first ones point to a possible relationship between democracy and individual freedom, on the one hand, and expansion of private sector in the new democracies, on the other hand. Our assumption is based on the fact that countries with higher levels of democratic performance and individual freedom (including economic freedom) develop more dynamic and effective institutions than countries that are not fully democratic polities or where individual rights and freedoms are not secured by effective laws. ...read more.

Conclusion

8. Since we have no instrument to measure political and administrative corruption per se, we shall use the perception of corruption as an indicator of level of corruption in a particular state. In order to test the last of our hypotheses, we shall use the Transparency International index of corruption in order to operationalize this variable. We shall use a comparative approach in order to test our hypotheses. The cases that will be the focus of our endeavor are the former communist countries of Central and Eastern Europe, including the former Soviet Republics that became independent states after the fall of Soviet Union. In order to increase the empirical evidence, the cases will be one respective country per year, starting from 1990 (for former communist states) or from the year they gained the independence (ex-Soviet countries and former republics of Yugoslavia). Most of the data on the variables we focus on is already available for research from different international institutions (World Bank, Freedom House, Heritage Foundation), while others can be easily computed, using information from national institutes, electoral results. In this respect, it should be no difficulty to collect all this data. In order to analyze the data and to test the research hypotheses, we shall use linear regression analysis that will examine the impact of independent variables (such as degree of political and economic freedom, the political support for governing parties, a parliamentary institutional settings etc) on the dependent variable (the level of private sector share). ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Political Philosophy section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Political Philosophy essays

  1. Power and Politics in Organizations: Public and Private Sector Comparisons

    This aspect is in part what I mean by messiness. Other Dimensions of Differentiation. It will help clarify the above exposition if one considers some of the additional dimensions that differentiate organizations in the public/political sphere from those in the private sector.

  2. Communism VS Democracy

    Each system, therefore, was racked by conflict. Moreover, each method of exploitation had flaws that sooner or later destroyed it, either by slow disintegration or by revolution. Engels and Marx believed that the capitalist system, too, was flawed and therefore bound to destroy itself.

  1. Evolution of Democracy and the Athenian Constitution

    A thorough aristocrat, he was related to the Alcmeonids on his mother's side. He received his education as documented by Plutarch from great sophist teachers like Damon and Anaxagoras. Sophism should be considered an adaptation by the aristocracy made to their education system to learn the skills necessary to maintain dominance in an increasingly democratic society.

  2. The study of international or rather global politics, seeks to provide an account of ...

    To most realists, the struggle for and use of power among states is at the core of international relations (Viotti & Kauppi 1993:36). As Morgenthau said, "International politics, like all politics, is a struggle for power. Whatever the ultimate aims of international politics, power is always the immediate aim" (in Viotti & Kauppi 1993:36).

  1. Legacies of the totalitarian system and the political transformation of Romanian society after 1989.

    should work according to a plan, therefore the existence of internal contradiction related to the communist political system. 1.2 Ideology In a communist system, the Communist Party is an association of citizens with a monopoly of power which steers and controls society in its entirety.

  2. Extent of key political ideas in directly influencing change and development .

    Yet, neither of these key personalities claimed to be a nationalist, Bismarck was simply a Prussian Nationalist and saw the unification of Germany as a way of establishing himself as a key power, whilst Cavour in Italy originally neither had intent nor desire for the complete unification of Italy, he

  1. The development of fascist doctrine.

    We do know, for example, that for some time Mussolini was influenced by philosophical individualism and its implicit anarchism. He himself indicates that until 1908 he remained under the influence of Nietzsche and Max Stirner. Under their influence he seemed prepared to maintain that the individual enjoyed some kind of moral privilege vis-�-vis any organized aggregate of men.

  2. What are the advantages of utilitarianism?

    The utilitarian fails to admit that we have special responsibility to particular people and that the rightness of this responsibility does not necessarily derive from the fact that they increase the sum of the total human happiness. For example, if two men were drowning, one was your father and the

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work