One challenge in transition economies has been to avoid being caught between overrapid restructuring (harmful to the private sector) and gradual change (can undermine robust private sector emergence). Empirical evidence suggests that in most of Eastern Europe and the former Soviet Union, insiders, by exerting decision making control, have materially affected the restructuring rate. Still, shocks to firms have generally led to sharp rises in unemployment...
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INFORMACIÓN
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1996/07/31
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Documento de trabajo sobre investigaciones relativas a políticas
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WPS1625
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1
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1
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2010/07/01
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Restructuring and taxation in transition economies
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state sector