It takes the average reader and 16 minutes to read Establishing Incentive Structures and Planning Agencies That Support Market-Oriented Transformations by Mr.Peter Isard
Assuming a reading speed of 250 words per minute. Learn more
This note addresses various types of incentives that must be established before a market economy can function effectively. It also argues that the enormous challenge of restructuring large industrial enterprises or reabsorbing their workers, while appropriately based on market signals, cannot be accomplished by the market alone. Some type of planning will eventually be required. Ideally, such planning should receive high priority from the outset with clear recognition that durable macroeconomic stabilization will be very difficult to achieve in a democratic political system until the large state enterprises have been successfully transformed or their workers reabsorbed.
Establishing Incentive Structures and Planning Agencies That Support Market-Oriented Transformations by Mr.Peter Isard is 16 pages long, and a total of 4,096 words.
This makes it 5% the length of the average book. It also has 5% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 22 minutes to read Establishing Incentive Structures and Planning Agencies That Support Market-Oriented Transformations aloud.
Establishing Incentive Structures and Planning Agencies That Support Market-Oriented Transformations is suitable for students ages 6 and up.
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