"Property relations, incentives and welfare"
- London Macmillan Press 1997
- 405 p.-
The dramatic implosion of the centrally administered, non-democratic political systems in central and eastern Europe in the late 1980s have generated a body of research concerning the transition from public ownership, and the role of the market and other institutions in engendering good incentives for economic actors. The essays collected in this volume study property relations, their associated incentives and the consequent effects on welfare: the ubiquitous theme is that efficiency cannot be divorced from the distribution of productive assets.
This volume brings together selected papers and comments on property relations delivered at a conference held in Barcelona under the auspices of the IEA in collaboration with the Caixa de Cataluña, Barcelona, the Universitat Autònoma de Barcelona, the Universidad Internacional Menéndez Pelayo and the Generalitat de Cataluña.