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Industrial Competitiveness and Restructuring in Enlarged Europe

After a decade of preparation, a group of eight transition countries joined the European Union in May 2004. The manufacturing sector in these countries was characterized by old technology, low efficiency, and distorted structures dominated by heavy and extractive industries - thus the impact of accession on individual industries was uncertain and many observers had serious concerns about the ability of the manufacturing sector to survive competition in the enlarged market. This book analyses the factors influencing changes in industrial competitiveness in Poland, Hungary and the Czech Republic in the pre-accession period. It demonstrates how industrial restructuring, government policies, trade specialization, and networking contribute to the catching up process and the integration of accession countries in the EU market. The book uses original datasets and enterprise surveys to provide empirical evidence on how some industries have expanded their share of the EU market and caught up with their competitors from the more advanced older member states. The book ends with a discussion of the policy implications of the process of enlargement for the accession countries, the EU and the older member states.
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Table of Contents

Introduction and Overview; A.Wziatek-Kubiak & I.Hashi How do the New Member States Cope with Competition in the EU Market?; A.Wziatek-Kubiak & I.Magda Can Government Policy Influence Industrial Competitiveness: Evidence from Poland, Hungary and the Czech Republic; I.Hashi, D.Hajdukovic & E.Luci Interdependency of Real Exchange Rate, Trade, Innovation, Structural Change and Growth; P.J.J.Welfens Divergent Growth Rates in CEECs: An Alternative View; M.Brandmeier Networking and Competitiveness; R.Woodward & P.Wojcik The Process of Structural Change in Polish Manufacturing in 1995-2003 and its Determinants; K.Marczewski & K.Szczygielski Structural Change, Productivity and Performance: Evidence from Irish Manufacturing; M.O'Donnell What Drives Trade Specialization in the New EU Member States?; D.Borbely Specialization and Integration of Accession Countries into the EU Market: An Alternative View; M.Brandmeier Policy Implications for New and Old Member States of the EU; J.N.Ferrer & D.Kernohan

Promotional Information

DORA BORBAeLY Economic Research Department, DekaBank, Frankfurt am Main, Germany MICHAEL BRANDMEIER Senior Economist, Institute for Economic Policy Research, Division of Money and Banking, University of Karlsruhe (TH), Germany ERJON LUCI Economist, World Bank, Tirana, Albania DARKO HAJDUKOVIC Researcher, Royal Holloway, University of London; Staffordshire University, Stoke on Trent, UK IGA MAGDA Economist, CASE (Center for Social and Economic Research), Poland KRZYSZTOF MARCZEWSKI Professor of Economics, Warsaw School of Economics (SGH), Poland; Deputy Director for Scientific Research, Foreign Trade Research Institute, Warsaw, Poland MARY O'DONNELL Lecturer in Economics, University of Limerick, Republic of Ireland KRZYSZTOF SZCZYGIELSKI Researcher, CASE (Center for Social and Economic Research), Warsaw, Poland RICHARD WOODWARD Economist, CASE (Center for Social and Economic Research); Lecturer, Management School, Edinburgh University, UK PIOTR WA"JCIK Faculty of Economic Sciences, Warsaw University, Poland

About the Author

IRAJ HASHI is Professor of Economics and Director of the Centre for Research on Emerging Economies (CREE) at Staffordshire University Business School, UK. He has been involved in research and consultancy on industrial competitiveness, enterprise restructuring, bankruptcy and reorganisation, privatisation and corporate governance, and SME development and policy in a number of transition countries (Albania, Bosnia-Herzegovina, Czech Republic, Kosovo, Poland, Romania and Russia). His previous publications include: Enterprise Exit Processes in Transition Economies (with Leszek Balcerowicz a

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