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This paper challenges the uselfullness of the cluster-based development strategy to diversify and increase the competitiveness of Kazakhstan's economy, regarding the case of the country's agro-food sector. For this it refers to insights of the Austrian Market Process Theory. It is argued that...
Persistent link: https://www.econbiz.de/10008597146
The paper provides an overview of the institutional arrangements on the micro level that have evolved in the agro-food sector of Kazakhstan in the course of transition. Emphasis is laid on more complex arrangements like agroholdings and clusters, hitherto mostly unknown in the agro-food sectors...
Persistent link: https://www.econbiz.de/10008597161
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With this theoretical survey the thesis is put forward that the method of privatization as well as the structure of the … privatization agency is choosen by the politicians for politico-economic reasons, and not for reasons of saving transaction costs or … for reasons of ideological preferences. The method of privatization (auction, bargaining, giveaway) is the one that is …
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