In a previous volume in this series1), the whole range of transition problems in the former socialist countries was discussed by writers from both East and West Europe. The present volume concentrates largely on one aspect of the economy — competition its role in western economic theory and practice and the process of introducing (or restoring) it in Eastern Europe2). The contributors discuss competition between the actors (economic agents in the jargon) within an economy and the ways and institutions by which governments endeavour, with varying success, to create or support competitive structures. But it is also clear that competitive policy is intended to improve international competitiveness and can, in particular, influence the future development of transactions between East and West and the place of Eastern Europe in the future world economy.
KeywordsSocialist Country State Enterprise European Economic Area Perfect Competition State Monopoly
Unable to display preview. Download preview PDF.