Establishing Incentive Structures and Planning Agencies That Support Market-Oriented Transformations /

This note addresses various types of incentives that must be established before a market economy can function effectively. It also argues that the enormous challenge of restructuring large industrial enterprises or reabsorbing their workers, while appropriately based on market signals, cannot be acc...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Isard, Peter
Weitere Verfasser: Dooley, Michael
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1991.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1991/113
Online Zugang:Full text available on IMF
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100 1 |a Isard, Peter. 
245 1 0 |a Establishing Incentive Structures and Planning Agencies That Support Market-Oriented Transformations /  |c Peter Isard, Michael Dooley. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1991. 
300 |a 1 online resource (16 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This note addresses various types of incentives that must be established before a market economy can function effectively. It also argues that the enormous challenge of restructuring large industrial enterprises or reabsorbing their workers, while appropriately based on market signals, cannot be accomplished by the market alone. Some type of planning will eventually be required. Ideally, such planning should receive high priority from the outset with clear recognition that durable macroeconomic stabilization will be very difficult to achieve in a democratic political system until the large state enterprises have been successfully transformed or their workers reabsorbed. 
538 |a Mode of access: Internet 
700 1 |a Dooley, Michael. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1991/113 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1991/113/001.1991.issue-113-en.xml  |z IMF e-Library