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| Author: | Jenner, R. A. Gappa, J. |
| Title: | Learning under fire: the adaptability of Polish Managers to competitive market conditions |
| Journal: | Journal of World Trade Law
1991 : APR, VOL. 25:2, p. 81-93 |
| Index terms: | COMPANIES PUBLIC SECTOR POLAND MANAGERS PRICE CONTROL INCOME TAX MARKET ECONOMY |
| Language: | eng |
| Abstract: | The "Balcerovicz Plan" including the elimination of price controls, the reduction of subsidies of all state-owned enterprises, the devaluation of zloty and the imposition of a progressive tax on wages, was designed to move Poland rapidly down the road to a market economy. Results of the first seven months are summarized. The author's findings concerning the competitive responses of a state-owned engine manufacturer, a food product manufacturer, and four trading companies are presented. Results indicate that Polish firms are making efforts to adjust to the new market-oriented economic environment, but encountered structural problems. Recommendations are made. |
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