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Published in:
2007 | OriginalPaper | Chapter
Introduction: Reasons for Focusing on Corporate Restructuring and Governance to Understand Transition Economies
Authors : Bruno Dallago, Ichiro Iwasaki
Published in: Corporate Restructuring and Governance in Transition Economies
Publisher: Palgrave Macmillan UK
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As a result of substantial efforts by the governments and citizens in the former socialist countries, the shift to a market economy is now entering its second phase. If the first phase of the economic transformation was to constitute the social and economic institutions that are vital for establishing a ‘minimum’ system of market economy, then the present aim should be to enhance these hastily introduced institutions for the further development of capitalism.