Transition in the formerly planned socialist economic system

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A major problem for the implementation of privatization during the early years of transition in the formerly planned socialist economic systems has been

a. the absence of well-developed capital markets.

b. the influx of foreign direct investment beyond tolerable limits.

c. the ease of valuing property such that there is a large backlog of firms awaiting privatization.

d. none of the above.

Reference no: EM13770362

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