This volume reports the proceedings of a conference of highly
qualified practitioners and theorists from East and West, dealing
with competition and the important part it plays as an essential
element of the market economic system. So far, in the countries of
Central and East Europe and of the former USSR, privatisation of
state enterprises has failed to bring about a more responsive, more
competitive behaviour of these firms. It is recognised that various
elements of competition - privatisation, breaking down of
monopolies, trade liberalisation, strengthening of small- and
medium-sized competitors; and institutional requirements - should
be implemented simultaneously.
General
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