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Inefficiencies in agriculture in Eastern and Central Europe and the Soviet Union contributed to the financial collapse of the socialist system. Yet during the transition, agricultural production has declined. Low profits, high real interest rates, slow progress in reforms in some countries, and...
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and legal reasons. There is some hesitation about privatization, as for foreign direct investment, and, where accepted …, about the precise timing. Where privatization of basic service monopolies occurs, the role of the state shifts towards a …
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Contrary to expectations and announcements of policy makers in transition economies, privatization has taken longer … privatization and thus transition from a centrally planned to a market economy. Part I describes the command economy legacy … presents preliminary results from Poland's privatization experience. Part III identifies the anticipated and unanticipated …
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This paper explores the development of Kosovo's transformation into a market economy. The first objective is to explore the transition from a centrally planned to an open market economy in Kosovo and to examine the challenges of this transformation over the years. In addition, the paper provides...
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