On the economic premises of the "restructuring" by liquidation

Cocioc, Paul and Cocioc, Paul (1999): On the economic premises of the "restructuring" by liquidation. Published in: Tribuna Economica , Vol. 10, No. 24 (6 June 1999): pp. 16-17.

Abstract

At the ends of 1990’s under the pressure of the international financial institutions, Romania agreed to close some state-owned firms with significant and durable loses and limited perspectives. In this context, the present paper intends to offer an economic analysis of the main issues regarding the liquidation of state-owned companies. We discus on: the impact on macroeconomic results, on aggregate production, as well as on other industries production and supply; consequences on market competition; the influence of financial result of the firm on others, on its economic environment; economic perspectives of the unit and its market; effects and efforts for state budget and the alternative of privatization at any price.

• Item Type: MPRA Paper
• Language: English
• Keywords: privatization; restructuring; state-own companies
• Subjects: H - Public Economics > H8 - Miscellaneous Issues > H82 - Governmental Property; L - Industrial Organization > L3 - Nonprofit Organizations and Public Enterprise > L33 - Comparison of Public and Private Enterprises and Nonprofit Institutions ; Privatization ; Contracting Out; P - Economic Systems > P2 - Socialist Systems and Transitional Economies > P21 - Planning, Coordination, and Reform; P - Economic Systems > P3 - Socialist Institutions and Their Transitions > P31 - Socialist Enterprises and Their Transitions

References

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2. Cocioc, P. (1999). Restructurarea prin lichidare: o soluție?. Tribuna Economica, 10 (24), pp.16-17.

3. Cocioc, P. (2003). Despre premisele economice ale restructurarii prin «lichidare. in Dezvoltare si integrare in conditiile tranzitiei. Cluj-Napoca. Babes-Bolyai University . Tribuna. pp.78-82.

4. Voiculescu, D. (1990). Din experienta mondiala in privatizarea intreprinderilor de stat. Bucuresti : Tehnica.