Private Sector Development in State-Dominated Economies:
The development of a competitive private sector is widely viewed as a central element in the economic transformation of central and eastern Europe. Despite significant reforms in these economies, however, state enterprises continue to produce a substantial share of output. This paper considers how t...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
1992
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 92/79 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 URL des Erstveröffentlichers |
| Zusammenfassung: | The development of a competitive private sector is widely viewed as a central element in the economic transformation of central and eastern Europe. Despite significant reforms in these economies, however, state enterprises continue to produce a substantial share of output. This paper considers how the profitability of private firms is affected by the size of the state-owned sector. Closures that result in a decrease in the number of state-owned firms reduce total industrial output in the short run, but encourage the entry of private firms into the industry in the longer run and lead to an increase in total output. Policies that result in a depreciation of the real exchange rate or an improvement in the efficiency of credit markets will tend to increase output in the short run, but their effect may be attenuated in the long run |
| Beschreibung: | 1 Online-Ressource (32 p) |
| ISBN: | 1451850158 9781451850154 |
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| index_date | 2024-07-03T20:13:20Z |
| indexdate | 2024-07-10T09:35:27Z |
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| spelling | Husain, Aasim M. Verfasser aut Private Sector Development in State-Dominated Economies Husain, Aasim M Washington, D.C International Monetary Fund 1992 1 Online-Ressource (32 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 92/79 The development of a competitive private sector is widely viewed as a central element in the economic transformation of central and eastern Europe. Despite significant reforms in these economies, however, state enterprises continue to produce a substantial share of output. This paper considers how the profitability of private firms is affected by the size of the state-owned sector. Closures that result in a decrease in the number of state-owned firms reduce total industrial output in the short run, but encourage the entry of private firms into the industry in the longer run and lead to an increase in total output. Policies that result in a depreciation of the real exchange rate or an improvement in the efficiency of credit markets will tend to increase output in the short run, but their effect may be attenuated in the long run Online-Ausg http://elibrary.imf.org/view/IMF001/05429-9781451850154/05429-9781451850154/05429-9781451850154.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Husain, Aasim M. Private Sector Development in State-Dominated Economies |
| title | Private Sector Development in State-Dominated Economies |
| title_auth | Private Sector Development in State-Dominated Economies |
| title_exact_search | Private Sector Development in State-Dominated Economies |
| title_exact_search_txtP | Private Sector Development in State-Dominated Economies |
| title_full | Private Sector Development in State-Dominated Economies Husain, Aasim M |
| title_fullStr | Private Sector Development in State-Dominated Economies Husain, Aasim M |
| title_full_unstemmed | Private Sector Development in State-Dominated Economies Husain, Aasim M |
| title_short | Private Sector Development in State-Dominated Economies |
| title_sort | private sector development in state dominated economies |
| url | http://elibrary.imf.org/view/IMF001/05429-9781451850154/05429-9781451850154/05429-9781451850154.xml |
| work_keys_str_mv | AT husainaasimm privatesectordevelopmentinstatedominatedeconomies |