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On the efficiency of Soviet cooperatives: a critical appraisal

In: Privatization and Entrepreneurship in Post-Socialist Countries

Author

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  • Ruud Knaack

Abstract

In recent years, a number of concrete steps have been taken to re-establish the cooperative as a legitimate component of the Soviet economic system. The first official sign of the new policy was the Politburo statement in support of the cooperative movement of February, 1987. The hope was that cooperatives, through ownership incentives, would contribute to the economic revitalization of the Soviet economy, both by raising the static efficiency of production and distribution and by encouraging technological development. In more detail, it was hoped that the cooperatives could satisfy the needs of the population by producing high quality consumer goods and services in large quantities by employing inputs so far unused.

Suggested Citation

  • Ruud Knaack, 1992. "On the efficiency of Soviet cooperatives: a critical appraisal," Palgrave Macmillan Books, in: Bruno Dallago & Gianmaria Ajani & Bruno Grancelli (ed.), Privatization and Entrepreneurship in Post-Socialist Countries, pages 343-355, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-12393-3_18
    DOI: 10.1007/978-1-349-12393-3_18
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