Hidden Bibliographic Details
| Other authors / contributors: | Yousef, Tarik.
Li, Wenli.
International Monetary Fund. African Department.
International Monetary Fund. Middle Eastern Department.
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| Notes: | Includes bibliographical references (pages 28-31).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : 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: | Annotation The transition from plan to market has hinged on the development of a dynamic private sector that would serve as the engine of growth and employment creation. This paper examines the link between the availability of skilled workers and the creation of new private firms. Using a dynamic search model, it shows how the lack of skilled workers inhibits entrepreneurship and depresses the rate of firm creation, slowing the recovery of aggregate output and labor productivity during the transition. the paper also shows how policies designed to encourage skill acquisition by workers have a positive impact on the economy.
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| Other form: | Print version: Brixiova, Zuzana. Skill acquisition and firm creation in transition economies. [Washington, D.C.] : International Monetary Fund, ©1999
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