Transition and the privatization problem

Article Abstract:

The development of cooperatives and the leasing of and issuance of shares to state enterprises represent futile efforts at privatization. One option is accelerated privatization by way of free distribution of shares to the population or to workers alone. Another is the creation of a legal structure that will allow private enterprises to emerge from state enterprises with a minimum of red tape. Economic units of state enterprises may also be privatized on their own volition. Finally, planners can create enterprises that can be broken up after they have served their purpose.

Management, Privatization, Privatization (Business), Government business enterprises, Public enterprises

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Transition to a market economy

Article Abstract:

The Soviet Union faces the difficult task of transforming its centrally planned economy to a market economy. Transition requires that economic stability and a market infrastructure which consists of a labor and capital market and a number of small private enterprises be developed. Privatization of trade and industry and the development of legislation that provides a basis for foreign investments and joint ventures are also vital. However, these efforts will be futile unless a revolutionary change of attitude in society occurs.

Free enterprise, Economic conversion

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Europe on hold: Don't worry about Putin (includes related articles)

Article Abstract:

Vladimir Putin's mentor addresses the fears that have been raised in the West about the acting president of Russia. Comparisons are drawn with the UK-Falkland war when defending the government intervention in Chechnya.

Political aspects, Elections, Russia, Putin, Vladimir, Military aspects, Chechnya, Russia

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