Hidden Bibliographic Details
| Other authors / contributors: | Isard, Peter, author.
International Monetary Fund. Research Department, issuing body.
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| Notes: | Includes bibliographical references (page 13).
Restrictions unspecified
Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | This note addresses various types of incentives that must be established before a market economy can function effectively. It also argues that the enormous challenge of restructuring large industrial enterprises or reabsorbing their workers, while appropriately based on market signals, cannot be accomplished by the market alone. Some type of planning will eventually be required. Ideally, such planning should receive high priority from the outset with clear recognition that durable macroeconomic stabilization will be very difficult to achieve in a democratic political system until the large state enterprises have been successfully transformed or their workers reabsorbed.
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| Other form: | Print version: Dooley, Michael P. Establishing incentive structures and planning agencies that support market-oriented transformations. [Washington, D.C.?] : International Monetary Fund, Research Dept., 1991
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