Abstract: The peculiarities with incentives in socialist planned economies derive from two circumstances. They derive first of all from the point that productive units are socialized. In the state-owned sector the government exerts property rights, and thus it has to determine success criteria. The second peculiarity stems from the comprehensive organizational function of the government in economic performance; it has to decide the way and mode of combination of directives and incentives in the regulation of economic processes.
Publication Year: 1986
Publication Date: 1986-01-01
Language: en
Type: book-chapter
Indexed In: ['crossref']
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Cited By Count: 1
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