Organisational Reforms

Ljubo Sirc

Chapter 14 in The Yugoslav Economy under Self-Management, 1979, pp 209-223 from Palgrave Macmillan

Abstract: Abstract In March 1968, Yugoslav economists discussed two reports prepared by the Economic Institute in Zagreb (38, 39, 40) at a symposium in Opatija. The main conclusion was that the Yugoslav enterprise was over-regulated (39, p. 122 ff). Legislation still interfered with areas of the activity of working organisations that could advantageously be left to themselves. The economic system was ‘slow-moving and very rigid’; the legal provisions were difficult to understand, so that they required mandatory interpretations, creating new problems; in 1965, three federal acts were published per day, not including acts at lower levels; all of which led to insecurity and uncertainty (see p. 236). The best solution would have been for the law to determine only the basic principles and a framework for the behaviour of enterprises.

Keywords: Capital Market; Social Contract; Personal Income; Basic Organisation; Legal Provision (search for similar items in EconPapers)
Date: 1979
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-04093-3_14

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DOI: 10.1007/978-1-349-04093-3_14

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