Title of article
Distributional constraints on the speed of privatization
Author/Authors
Michael Alexeev، نويسنده , , Michael Kaganovich، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1995
Pages
7
From page
213
To page
219
Abstract
This paper argues that adverse distributional effects may prevent speedy privatization in former command economies. An imbalanced structure of the work force, combined with a politically motivated subsistence consumption constraint, may necessitate gradual privatization. This possibility is illustrated by a numerical example, and a model of gradual privatization is suggested.
Keywords
Centrally planned economies , Privatization , Distributional constraints , Transition to markets
Journal title
Economics Letters
Serial Year
1995
Journal title
Economics Letters
Record number
433919
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