Overview

An original and insightful book, this work focuses on domestic and overseas firms operating in those Central Asian and Eastern European countries considered to be the transitional economic periphery. Chapters shed light on their distinct forms of capitalism, and how it influences and adapts the firms located there. The eminent authors show how, in a post-state socialist world, there are several implications for both domestic and overseas firms functioning successfully in the transitional periphery. With the complex mix of political and market mediation and informal personal ties, chapters explore the delicate balance of liberalisation in transitional economies. Detailed examples from specific countries in Eurasia and Central Asia such as Belarus, Turkey, Azerbaijan, Mongolia, Uzbekistan, Armenia and Georgia are discussed alongside broader thematic issues of economic and social change, labour relations and human resource management. Most importantly, it is shown that liberalisation has little connection to short-term business growth. To succeed in such contexts, international firms need to be both pragmatic and creative, in coping with malleable yet durable forms of institutional mediation. Providing a unique perspective on the transitional economic periphery and much-needed insights from international business, this book is essential reading for researchers and graduate students studying transitional economies, non-traditional business models, institutional persistence and change, political and economic development and management in economically transitioning countries.

Full Product Details

Author:   Mehmet Demirbag ,  Geoffrey Wood
Publisher:   Edward Elgar Publishing Ltd
Imprint:   Edward Elgar Publishing Ltd
ISBN:  

9781786430885

ISBN 10:   1786430886
Pages:   288
Publication Date:   26 October 2018
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   To order  
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Table of Contents

Contents: Introduction: Geoffrey Wood and Mehmet Demirbag PART I TRANSITIONAL PERIPHERY: CENTRAL ASIA 1. Expanding the boundaries of institutional analysis in the transitional periphery Dilshod Makhmadshoev 2. Uzbekistan: Autocracy, Development and International Firms Geoffrey Wood and Mehmet Demirbag 3. Mongolian management: local practitioners' perspectives in the face of political, economic and socio-cultural changes Saranzaya Manalsuren, Marina Michalski and Martyna Sliwa 4. Political risk, political instability and the transitional periphery in the age of global uncertainty Ali Resul Usul PART II TRANSITIONAL PERIPHERY: CAUCASIA 5. International business view of economic and institutional transformation in transitional periphery: Armenia and Georgia Aleksandr V. Gevorkyan 6. Influence of Economic and Political Changes on Industrial Relations between Turkey and Azerbaijan Sayim Yorgun 7. The Application of MNC HR Policies and Practices in the Luxury Hotel Industry: Differences and Similarities Between Transitional Periphery Versus Developed Economies Giovanni O. Serafini and Leslie T. Szamosi PART III OTHER TRANSITIONAL PERIPHERY 8. The state and company managements in Belarus Hanna Danilovich and Richard Croucher 9. Equity commitment and company resources: evidence from Nordic multinational enterprise strategies in transitional periphery economies Ahmad Arslan, Jorma Larimo and Shlomo Y. Tarba 10. Lessons in nonmarket strategy from Eastern Europe and Central Asia: moving beyond the 'compared to what' question Yusaf H. Akbar and Maciej Kisilowski Index

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Edited by Mehmet Demirbag, Professor of International Business and Deputy Dean, Essex Business School and Geoffrey Wood, Western University, Canada

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