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The paper addresses and summarizes the role of unemployment in the transformation process from an economic system with a dominant state sector to a system with a dominant private sector. After reviewing the basic facts and some of the main explanations why unemployment is high during transition...
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In a paper delivered at the December 1955 meeting of the Econometric Society, Paul Samuelson noted that though economists had done "work of high quality and great quantity in the field of taxation," the theory of public expenditure had been "relatively neglected" (1958, 332). Anglo-American...
Persistent link: https://www.econbiz.de/10013411358
This work suggests a connection between the lack of restructuring of the privatized firms in transition and the high … created private firms significantly affects the incentives of the privatized firms regarding restructuring. Since the entry of … use their political power to restrict the new entry. Given that the restructuring often involves politically unpopular …
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The paper analyzes the contemporary organizational restructuring of production and work within firms. We emphasize the … restructuring process: advances in production technologies promoting technological task complementarities, advances in information …
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