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The same way they always have, by robbing the citizens who have financed the service or goods in question, and giving a virtual monopoly to a politician's cronies, so that they may then charge the citizens exhorbitant prices for goods or services that they initially financed the discovery or development of. Great work, if you can get it.
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What is a transition economy?
A transition economy or transitional economy is an economy which is undergoing structural changes, changing from one type of economic system to another type.Transition economies usually refer to economies undergoing a transition from a centrally planned economy to a market economy. These type of economies undergo economic liberalization (introducing market forces for prices), economic restructuring, privatization of state enterprises, and the creation of a financial sector (which takes the role of the dismantled planning system).A transition economy may also refer to a long term process of building socialism, in which a capitalist economy undergoes rapid development with the eventual goal of establishing a socialist economic system. Today countries such as Cuba and Vietnam are still officially undergoing transition from rural economies or mixed economies to socialism (in Vietnam the system is officially called "socialist-oriented market economy").
What is meant by transition economies?
The economies which are converting from social market system to capital market system
How have the economies of the independent republics that used to be under the control of the soviet union benefited from the end of communist control?
The end of communist control allowed the independent republics formerly under the Soviet Union to transition towards market economies, fostering greater economic freedom and encouraging entrepreneurship. This shift enabled them to attract foreign investment, diversify their economies, and improve trade relations with other countries. Additionally, the move towards privatization facilitated the development of private enterprises, which spurred innovation and job creation in various sectors. However, the transition has been uneven, with some countries experiencing significant growth while others continue to face economic challenges.
What are the features of privatization in modern world business?
Features of privatization
Main reasons for privatization?
One of the reasons for privatization is to ensure that a firm or organization gets better management. Privatization may also be one way to improve on profits.
What has the author D Willer written?
D Willer has written: 'The development of equity capital markets in transition economies' -- subject(s): Privatization, Stockholders, Capital investments, Capital market
What agency is under privatization?
The Inter-Department of Individual Ownership and Transition. or IDIOT
What is a transition economy?
A transition economy or transitional economy is an economy which is undergoing structural changes, changing from one type of economic system to another type.Transition economies usually refer to economies undergoing a transition from a centrally planned economy to a market economy. These type of economies undergo economic liberalization (introducing market forces for prices), economic restructuring, privatization of state enterprises, and the creation of a financial sector (which takes the role of the dismantled planning system).A transition economy may also refer to a long term process of building socialism, in which a capitalist economy undergoes rapid development with the eventual goal of establishing a socialist economic system. Today countries such as Cuba and Vietnam are still officially undergoing transition from rural economies or mixed economies to socialism (in Vietnam the system is officially called "socialist-oriented market economy").
What is meant by transition economies?
The economies which are converting from social market system to capital market system
What has the author Guido Friebel written?
Guido Friebel has written: 'Insider privatization and careers - a study of a russian firm in transition'
How have the economies of the independent republics that used to be under the control of the soviet union benefited from the end of communist control?
The end of communist control allowed the independent republics formerly under the Soviet Union to transition towards market economies, fostering greater economic freedom and encouraging entrepreneurship. This shift enabled them to attract foreign investment, diversify their economies, and improve trade relations with other countries. Additionally, the move towards privatization facilitated the development of private enterprises, which spurred innovation and job creation in various sectors. However, the transition has been uneven, with some countries experiencing significant growth while others continue to face economic challenges.
What has the author Beat Haenni written?
Beat Haenni has written: 'Trade finance in transition economies'
What has the author Bahaudin Mujtaba written?
Bahaudin Mujtaba has written: 'Afghanistan' -- subject(s): Economic conditions, Politics and government 'Privatization and Market-Based Leadership in Developing Economies'
Why did privatization start in India?
Privatization means shifting of public ownership to private or personal. Before privatization came into being in India...Everything was under government control. Every sector, every field was under public ownership. As time passed by the country started to grow..started to develop even more...and that was a load that was sort of getting heavier on the shoulders of our the then government. It was getting difficult for the Indian Government to handle and maintain the smooth functioning. Hence inorder to curb that the government allowed privatization to be started in India
What are the reasons for privatization in Pakistan?
what are the reasons for the privatization in Pakistan
What has the author Andrei Schleifer written?
Andrei Schleifer has written: 'The economics and politics of transition to an open market economy' -- subject(s): Economic stabilization, Privatization, Economic conditions
What has the author Leszek Balcerowicz written?
Leszek Balcerowicz has written: 'Socjalizm, kapitalizm, transformacja' -- subject(s): Economic policy, Privatization, Socialism, Economic conditions, Capitalism '800 dni' 'Common fallacies in the debate on the economic transition in Central and Eastern Europe' -- subject(s): Privatization, Economic conditions 'Socialism, capitalism, transformation' -- subject(s): Economic policy, Privatization, Socialism, Economic conditions, Capitalism
