Property Erosion and the Initial Situation before Transformation
Hella Engerer
Chapter 9 in Privatization and its Limits in Central and Eastern Europe, 2001, pp 141-144 from Palgrave Macmillan
Abstract:
Abstract The countries of Central and Eastern Europe experimented with various forms of ownership of the means of production during the 1980s. Private activities were partially allowed on these occasions and property rights decentralized within the socialist sector. The increase in the autonomy of state enterprises, as well as the partial legalization of private activities, basically represented reactions to the reversal of economic performance, which followed the extensive growth experienced for many years. This reversal was supposed to be overcome by the more intensive use of resources and an efficiency increase, brought about by greater enterprise autonomy. On principle, the transition from an extensive use of resources to an intensive use means that scarcity appears differently, that it must be identified and assessed for the first time. The emergence and the change in scarcities thus also require us to address the questions of exclusion, of competence and liability, and thus once again the question of property.
Keywords: Real Wage; Private Activity; Property Erosion; Private Business; State Enterprise (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:pal:stuchp:978-0-230-52300-5_10
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DOI: 10.1057/9780230523005_10
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