Foreign concessions in the USSR textile industry in the 1920s and early 1930s: The public-private partnership experience

Irina V. Shilnikova ()
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Irina V. Shilnikova: Russian Presidential Academy of National Economy and Public Administration, Moscow, Russia

Russian Journal of Economics, 2021, vol. 7, issue 2, 160-184

Abstract: Despite the Soviet government's declarative efforts to engage foreign capital in rebuilding the economy during the 1920s, most concessions did not last long and were liquidated before the respective contracts expired. This article considers the conditions and key outcomes of concession enterprises, as well as the reasons and mechanisms for their premature liquidation, using the textile industry as an example. The main focus is on the indicators and reasons for the high profitability of these enterprises, lending issues and Soviet methods for limiting the growth of foreign concession operator profits.

Keywords: NEP; concessions; foreign; capital; textile; industry; profitability; taxes; labor; conflicts; trade; unions. (search for similar items in EconPapers)
JEL-codes: N34 N44 N64 N84 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:arh:jrujec:v:7:y:2021:i:2:p:160-184

DOI: 10.32609/j.ruje.7.51697

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