Abstract
Widely publicized reform programs for East Europe which emphasize rapid privatization are questioned on the grounds that structural changes to assure workable competition take precedence and will take years. A mix of deconcentrated state, cooperative, worker-owned, private, and foreignowned business can be workable. Import competition and antitrust legislation have auxiliary roles.
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Martin C. Spechler is Professor of Economics at Indiana University-Purdue University at Indianapolis, 425 University Boulevard, Indianapolis, Indiana 46202. This essay expands a presentation to the Industrial Organization Society, Washington, D.C., December 27, 1990.
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Spechler, M.C. Competition and structural change in Eastern Europe. Rev Ind Organ 6, 189–198 (1991). https://doi.org/10.1007/BF00378121
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DOI: https://doi.org/10.1007/BF00378121