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ArtikelReestablishing Private Business Previously Socialist Economies  
Oleh: Wessel, Robert H.
Jenis: Article from Bulletin/Magazine
Dalam koleksi: BUSINESS ECONOMICS vol. 27 no. 1 (1992), page 30-35.
Topik: BUSINESS; private business; socialist economies
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: BB20.1
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
    Lihat Detail Induk
Isi artikelPrivatization will proceed at differing rates in socialist economies, depending on prior experience with competition and with private businesses. To be successful, inefficient businesses must be allowed to fail. Owners of firms must have propritary interests, adequate capital markets must be developed, and a connection must be established between effort and renumeration. Capital infusions are needed, which may be provided from outside. The west must open its markets to eastern european goods. The time frame to accomplish this is limited, so that assistance to speed the process would be well spent.
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