Foreign concessions in the USSR textile industry in the 1920s and early 1930s: The public-private partnership experience
Open Access
- 9 July 2021
- journal article
- Published by NP Voprosy Ekonomiki in Russian Journal of Economics
- Vol. 7 (2), 160-184
- https://doi.org/10.32609/j.ruje.7.51697
Abstract
Despite the Soviet government’s declarative efforts to engage foreign capital in rebuilding the economy during the 1920s, most concessions did not last long and were liquidated before the respective contracts expired. This article considers the conditions and key outcomes of concession enterprises, as well as the reasons and mechanisms for their premature liquidation, using the textile industry as an example. The main focus is on the indicators and reasons for the high profitability of these enterprises, lending issues and Soviet methods for limiting the growth of foreign concession operator profits.Keywords
This publication has 1 reference indexed in Scilit:
- Foreign concessions in the Soviet Union of the 1920s: "Why split up"?Voprosy Ekonomiki, 2016