Skip to main content

Surviving the Global Financial Crisis: Automobiles and Finance in Central and Eastern Europe

  • Chapter
Book cover Globalizing Employment Relations

Abstract

Over the last 15 years two huge economic events have shaken Central and Eastern Europe: the shift from a command to a market economy in the mid-1990s, and the global financial crisis at the end of the 2000s. Within a very brief period of time, most working people in Central and Eastern Europe (CEE) were first exposed to liberalization or privatization and in many cases began to work directly for companies based outside their own countries. Then they were subjected to the consequences of the collapse of the world financial bubble.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 54.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Barisitz, S. Banking in Central and Eastern Europe 1980–2006 (London: Routledge, 2008).

    Google Scholar 

  • BIS. Foreign Direct Investment in the Financial Sector — Experiences in Asia, Central and Eastern Europe and Latin America, Committee on the Global Financial System (Basel: Bank for International Settlements, 2005).

    Google Scholar 

  • Boillot, J.J. and Lepape, Y. Le renouveau de l’industrie automobile en Europe centrale et orientale, Annales des Mines, novembre (2004), pp. 52–6.

    Google Scholar 

  • CCFA (2009) Comité des Constructeurs Français d’Automobiles, http://www.ccfa.fr/statistiques/.

    Google Scholar 

  • Chavance, B. and Magnin, E. Du changement de système à la crise 2008: extraversion et dépendance chez les nouveaux membres de l’Union européenne, Forum de la Régulation, Grenoble, 1–2 décembre (2009).

    Google Scholar 

  • EBRD. Transition Report 2009 (London: European Bank for Reconstruction and Development, 2009).

    Google Scholar 

  • EUKLEMS (2008), Growth and Productivity Accounts, Available online at: http://www.euklems.net/.

    Google Scholar 

  • Eurostat (2009), Key figures on Europe, Available online at: http://epp.eurostat.ec.europa.eu/cache/ITY_0FFPUB/KS-EI-08-001/EN/KS-EI-08-001-EN.PDF.

  • Eurostat. Labour Force Survey-European Union, Statistical Office of the European Communities (2009).

    Google Scholar 

  • Eurostat. Real GDP Growth rate, Statistical Office of the European Communities (2010).

    Google Scholar 

  • Haeberle, A. Profit Repatriations: Dry Countries, Thirsty Parents, Finance & Accounting, September (2009), p. 40.

    Google Scholar 

  • Jürgens, U. and Krzywdzinski, M. Work models in the Central Eastern European Car Industry: Towards the High Road?, Industrial Relations Journal, Vol. 40, No. 6, (2009), pp. 493–512.

    Google Scholar 

  • Marginson, P. and Meardi, G. European Union Enlargement and the Foreign Direct Investment Channel of Industrial Relations Transfer, Industrial Relations Journal, Vol. 73, No. 2, (2006), pp. 92–110.

    Article  Google Scholar 

  • Meardi, G., Marginson, P., Fichter, M., Frybes, M., Stanojevic, M. and Toth A. The Complexity of Relocation and the Trade Union Responses: Efficiency-oriented Foreign Direct Investment in Central Europe, European Journal of Industrial Relations, Vol. 15 (2009), pp. 27–47.

    Article  Google Scholar 

  • Michaux, F. Comment les entreprises allemandes gèrent leurs coûts, Futuribles, Vol. 238 (2006) pp. 5–22.

    Google Scholar 

  • Newson, B. Recession in the EU-27: Length And Depth of the Downturn Varies Across Activities and Countries, Eurostat, Statistics in Focus, Vol. 97 (2009).

    Google Scholar 

  • OICA (2008) Organisation Internationale des Constructeurs Automobiles, http://www.oica.net/category/production-statistics/.

  • Rugraff, E. Firmes multinationals et relations industrielles en Europe Centrale: une approche institutionnaliste, Relations Industrielles/Industrial Relations, Vol. 61, No. 3 (2006), pp. 437–64.

    Article  Google Scholar 

  • Sachwald, F. Localisation de la production en Europe: impact de l’élargissement et de la mondialisation, in ‘L’Industrie en France et la mondialisation’, Paris. Ministère de l’Économie, des Finances et de l’Industrie CIPC, (2005), pp. 224–248.

    Google Scholar 

Download references

Authors

Editor information

Sylvie Contrepois Violaine Delteil Patrick Dieuaide Steve Jefferys

Copyright information

© 2011 the contributors

About this chapter

Cite this chapter

Contrepois, S., Delteil, V., Dieuaide, P., Jefferys, S. (2011). Surviving the Global Financial Crisis: Automobiles and Finance in Central and Eastern Europe. In: Contrepois, S., Delteil, V., Dieuaide, P., Jefferys, S. (eds) Globalizing Employment Relations. Palgrave Macmillan, London. https://doi.org/10.1057/9780230306813_5

Download citation

Publish with us

Policies and ethics