01800cas a2200253 a 4500 AALejournalIMF002986 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451853643 1018-5941 BD-DhAAL BD-DhAAL Isard, Peter. Establishing Incentive Structures and Planning Agencies That Support Market-Oriented Transformations / Peter Isard, Michael Dooley. Washington, D.C. : International Monetary Fund, 1991. 1 online resource (16 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet Dooley, Michael. IMF Working Papers; Working Paper ; No. 1991/113 Full text available on IMF http://elibrary.imf.org/view/journals/001/1991/113/001.1991.issue-113-en.xml IMF e-Library