How Redistribution hurts productivity in a socialist economy (Yugoslavia).
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TextPublication details: Washington : World Bank, 1990.Subject(s): Summary: This paper reports that in Socialist economies, profitable firms are taxed to subsidize unprofitable ones, and productive workers subsidize unproductive workers.
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This paper reports that in Socialist economies, profitable firms are taxed to subsidize unprofitable ones, and productive workers subsidize unproductive workers.
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