Enterprise Restructuring in the former Soviet Union

Citizens of the countries of the former Soviet Union (FSU) have recognized the potential benefits, observed in many different cultures and societies around the world, of private, market-driven enterprises. For more than half a century enterprises in the FSU have been subject to comprehensive state ownership and central planning. Prices and financing were typically of little concern to enterprise management, while workers did not have to worry about job security and received a wide range of social benefits through enterprises. While moving toward private, market-driven enterprises offers great promise for an improved standard of living for the average person, such a transition represents a fundamental social, psychological, and economic challenge.

What is enterprise restructuring?

Russian enterprise managers' views on restructuring

Enterprise ownership and restructuring

Social benefits in Russian enterprises

The influence of voucher investment funds

Macroeconomic reforms and enterprise constraints

Institutional development

Enterprise examples

Further references

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