How Redistribution Hurts Productivity in a Socialist Economy (Yugoslavia)

· World Bank Publications
Ebook
39
Pages

About this ebook

In socialist economies, profitable firms are taxed to subsidize unprofitable ones, and productive workers subsidize unproductive workers. Yugoslav firms, Vodopivec concludes, produce less because of both types of redistribution.

Rate this ebook

Tell us what you think.

Reading information

Smartphones and tablets
Install the Google Play Books app for Android and iPad/iPhone. It syncs automatically with your account and allows you to read online or offline wherever you are.
Laptops and computers
You can listen to audiobooks purchased on Google Play using your computer's web browser.
eReaders and other devices
To read on e-ink devices like Kobo eReaders, you'll need to download a file and transfer it to your device. Follow the detailed Help Center instructions to transfer the files to supported eReaders.