Market orientation of state enterprises during NEP

Autor: V. N. Bandera
Rok vydání: 1970
Předmět:
Zdroj: Soviet Studies. 22:110-121
ISSN: 0038-5859
DOI: 10.1080/09668137008410740
Popis: IN conjunction with economic reforms in the communist bloc, we observe a revived interest in the New Economic Policy. It is being recognized that the Soviet experiment in market socialism, roughly I921-27, was not merely a policy of transition but a well-defined workable system.1 As we compare the industrial organization of the NEP model with that of other economic systems tried under communist regimes, one feature stands out: state enterprises and, indeed, the entire productive network, had to function in the context of a market. This was true despite extensive and increasing constraints imposed by the new regime in the form of explicit laws and regulations. Even the structurechanging macroeconomic policies and the commitment to planning subsumed the market orientation of individual productive units in the system. Several studies have attempted to analyse the allocative process from the standpoint of an enterprise in different variants of socialism. Most notably, B. Ward has done pioneering work on the behaviour of the firm in the Yugoslav version of market socialism, and has analysed the implications of worker management on output, pricing, and allocative efficiency.2 For command economies, the modus operandi of socialized enterprises has received some attention in the West, and is becoming of considerable interest to the reform-minded economists of the com
Databáze: OpenAIRE