The Role of Competition in Economic Transition

Know about the book -

The Role of Competition in Economic Transition is written by Christopher Saunders and published by Springer. It's available with International Standard Book Number or ISBN identification 1349228338 (ISBN 10) and 9781349228331 (ISBN 13).

This volume reports the proceedings of a conference of highly qualified practitioners and theorists from East and West, dealing with competition and the important part it plays as an essential element of the market economic system. So far, in the countries of Central and East Europe and of the former USSR, privatisation of state enterprises has failed to bring about a more responsive, more competitive behaviour of these firms. It is recognised that various elements of competition - privatisation, breaking down of monopolies, trade liberalisation, strengthening of small- and medium-sized competitors; and institutional requirements - should be implemented simultaneously.