Plans or markets: The future of socialist countries

Date of publication: June 15, 1984

Author: Gábor Hoványi

Abstract:

Those development trends of the economies and direction systems are important signals for the strategies of Western companies having or planning business contacts with the COMECON countries and their enterprises. Finally the paper recommends some new views and attitudes to the strategy designers of Western companies to make profitable propositions in the long-run both for the Eastern and for the Western partners.

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