Yugoslavia - Self-management socialism - challenges of development
Schrenk, Martin | Ardalan, Cyrus | El Tatawy, Nawal A.
This book delineates the principal changes in economic management and their underlying rationale. It then analyzes the implication of the new economic system for issues the Yugoslavs regard to be crucial for long-term development: employment, stabilization, foreign trade, regional differences, and resource mobilization and allocation. In assessing the Yugoslav response to these issues in the social sector plan for 1976-80, the book reviews the prospects for tackling them successfully. The analysis shows that the new institutional framework concurrently strengthens the control of workers over enterprise management and, by extending the principals of self-management to the macroeconomic level, compels governments and enterprises to coordinate their economic undertakings.
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