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Author:Husan, R.
Title:Industrial policy and economic transformation: the case of the Polish motor industry
Journal:Europe-Asia Studies
1997 : JAN, VOL. 49:1, p. 125-140
Index terms:ECONOMICS
POLAND
MOTOR VEHICLES INDUSTRY
Language:eng
Abstract:The key elements in the Polish government's "shock therapy" economic transformation program of 1990 that were specifically targeted for industrial restructuring of state-owned enterprises (SOEs) were trade liberalisation -- to increase competition, and rapid privatisation -- to provide more effective corporate governance of SOEs as a precondition for efficient restructuring. In conjunction, subsidies were to be withdrawn, whilst incentives were provided to stimulate foreign investment.
SCIMA record nr: 155507
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