Transition from plan to market


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Transition from plan to market

Show simple item record Mygind, Niels en_US 2009-02-04T10:25:54Z 2009-02-04T10:25:54Z 2007-12-11T00:00:00Z en_US
dc.description.abstract This paper gives an overview over how far transition has proceeded and what is still lacking in the process. The barriers for transition are identified. This includes an analysis of the different factors behind the steep fall in production in the first years of transition. It is shown that countries implementing a tough stabilization and a comprehensive and consequent liberalization have been most successful in the process. A fast and comprehensive privatization, on the other hand, has not been sufficient for the necessary restructuring of enterprises. Decisive for success in transition has been transformation of the state as a crucial part of the development of new market institutions implementing well functioning, clear and stable rules of the game for private enterprises. The institutional development has been important for the attractiveness of foreign investments and these FDI have been important for restructuring enterprises as part of a positive circle for the transition process. en_US
dc.format.extent 16 s. en_US
dc.language eng en_US
dc.relation.ispartofseries Working paper;2007-63 en_US
dc.title Transition from plan to market en_US
dc.type wp en_US
dc.accessionstatus modt07dec11 nijemo en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Institut for International Økonomi og Virksomhedsledelse en_US
dc.contributor.departmentshort CEES en_US
dc.contributor.departmentuk Department of International Economics and Management en_US
dc.contributor.departmentukshort IEM en_US
dc.idnumber x656555881 en_US København en_US
dc.publisher.year 2007 en_US
dc.title.subtitle an overview en_US

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