2011 Updated Reprint. Updated Annually. Eastern Europe Privatization Yearbook: Major Programs and Projects

Hella Engerer analyses the emergence, evolution and theory of property rights and establishes the limits for privatization of state owned enterprises in the transitional economies of Eastern Europe. She counters the assumption that reduction of the state sector helps to create the basis for a private property system, showing that privatization actually presupposes a stable framework including property order. She makes use of an outstanding methodological approach, reaching well beyond the limits of pure economic observation. This is a major contribution to the understanding of the emerging economic order of Central and Eastern Europe.

The "European Yearbook" promotes the scientific study of nineteen European supranational organisations and the Organisation for Economic Co-operation and Development (OECD). Each volume contains a detailed survey of the history, structure and yearly activities of each organisation and an up-to-date chart providing a clear overview of the member states of each organisation. In addition, a number of articles on topics of general interest are included in each volume. A general index by subject and name, and a cumulative index of all the articles which have appeared in the "Yearbook," are included in every volume and provide direct access to the "Yearbook"'s subject matter. Each volume contains a comprehensive bibliography covering the year's relevant publications. This is an indispensable work of reference for anyone dealing with the European institutions.

The region of Europe and Central Eurasia defined in this volume encompasses territory that extends from the Atlantic Coast of Europe to the Pacific Coast of the Russian Federation. It includes the British Isles, Iceland, and Greenland (a self- governing part of the Kingdom of Denmark). Included are mineral commodity outlook tables, plus global overview research for particularly commodities within a specific regions/countries are presented throughout the text. Manufacturers of these metals and commodities, along with trade brokers that may specialize in imports and exports, political scientists, and economists may also be interested in this volume. Students pursuing research on specific metals and mineral commodities for world economy courses may be interested in this volume.

This volume is meant to be a modest contribution to the ongoing debate about the transitions away from the administrative planning environment typical of the former communist regimes. The central subject matter is a fairly special one, namely the privatization of these economies together with the restoration and effective monitoring of property rights. These are paramount tasks of the ongoing transformations once progress toward pOlitical democracy is secured. Though I would not allot divestment of existing state-owned assets the kind of pivotal importance that some observers reserve for it, changing rules on the utilization of these assets is evidently at the core of what the transition toward market-based economic systems should be all about. Rather than examining the entire range of issues that surround the controvery on privatization, this volume is primarily concerned with the economics of taking the state out of the decision making about existing assets. Among the several aspects of this discussion three stand out. One is the establishment of clear property rights. This is fundamental to minimize trans action costs in an environment where decisions will increasingly be taken by independent economic agents acting on their own account. Second, I look only incidentally at the various angles of creating capital markets, particularly for existing assets, in these economies.

The "European Yearbook" promotes the scientific study of nineteen European supranational organisations, including the Organisation for Economic Co-operation and Development (OECD). Each volume contains a detailed survey of the history, structure and yearly activities of each organisation and an up-to-date chart providing a clear overview of the member states of each organisation. In addition, a number of articles on topics of general interest are included in each volume. A general index by subject and name, and a cumulative index of all the articles which have appeared in the "Yearbook," are included in every volume and provide direct access to the "Yearbook"'s subject matter. Each volume contains a comprehensive bibliography covering the year's relevant publications. This is an indispensable work of reference for anyone dealing with the European institutions.

The 1996 edition of the Yearbook of the United Nations is the single most comprehensive and authoritative reference book about the work of the United Nations and related international organizations and bodies. Fully indexed and reproducing all major General Assembly, Security Council and Economic and Social Council resolutions, the volume is not only useful for diplomats, government officials and scholars, but also for researchers, writers, journalists, teachers, students and others with a serious interest in international and UN affairs. This volume of the Yearbook details the many activities of the Organization and its organs, programmes and bodies, as they are carried out in all corners of the globe. It gives an account of their endeavours to create better and more peaceful conditions for all mankind and records their efforts to deal with matters of pressing concern in a variety of areas, including peacekeeping and peacemaking, disarmament, human rights, trade and development, control of drug abuse and illicit trafficking, crime prevention, assistance to refugees and other vulnerable populations. Building on the experience of its first 50 years, the United Nations continued in 1996 to confront major global challenges. The observance of the International Year for the Eradication of Poverty can be seen as a benchmark for action to address a plethora of global ills that beset the majority of Earth's nearly 6 billion inhabitants - hunger, inadequate housing, disease, the deterioration of the environment, unemployment. During the year, the United Nations convened two major conferences - the `City Summit' in Istanbul, centering on the two themes of adequate shelter for all, and sustainable human settlement development in an urbanizing world, and the World Food Summit in Rome, whose main goal was food security for all. The Yearbook chronicles these events and many other milestones reached, making it an invaluable tool for anyone seeking in-depth information about the United Nations family. Also available from the UN, Sales No. E.97.I.1 As of volume 51 (1997) the Yearbook of the United Nations will no longer be published by Kluwer Law International. Please contact the United Nations Bookshops in New York or Geneva for future volumes at: UN Bookshop; Room GA-32; United Nations; New York; NY 10017; USA Tel. 1-212-963-7680; Fax 1-212-963-4910 or UN Bookshop; Door 40; Palais des Nations; 1211 Geneva 10; Switzerland Tel. 41-22-917-2606; Fax 41-22-917-0027

This volume in essence continues my recent contributions towards building up a better understanding of the wide range of obstacles besetting the transitions away from administrative planning in the former communist regimes in the eastern part of Europe. It is self-contained, however. As such, it specifically addresses issues revolving around how best to govern economies, and indeed societies more generally, that are undergoing fundamental structural transfor mation, and whether industrial policy can facilitate progressing with the vexing transformations that will have to be enacted over a protracted period of time. Because of the bewildering variety of hindrances that the managers of the transition have been confronted with, many of which were not even contem plated when the programs were first designed, regaining a measure of good governance, including notably good economic governance, is critical in formu lating a positive pOlitical economy of transition. Arguably most critical is steering the processes of destruction and creation-not 'creative destruction' in the Schumpeterian sense. In some cases, this requires reallocating decom missioned resources, both capital and labor, to new activities. Changing rules on the utilization of existing assets is evidently at the core of what the transi tion towards market-based economic systems should be all about Very often, however, this requires establishing new economic activities from domestic and foreign savings.

By combining insights from Europeanization, globalization, varieties of capitalism, and policy transfer literature, this book reconceptualizes the dynamics taking place during the EU enlargement process and makes a major contribution to the understanding of the relationships between institutional transformation and economic performance.