Competition and Corporate Governance n Transition

摘要

The transition countries began with very different initial conditions and have since employed a variety of policies with respect to privatization, price and trade liberalization, competition and enterprise support. A few conclusions emerge from this survey of the determinants of enterprise performance. Initial conditions in the sense of the degree of central planning or the extent Of structural macroeconomic imbalances do not appear to have been a fund amen- tal determinant of either reform paths chosen or of subsequent economic perfor- mance.