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Foreign concessions in the USSR textile industry in the 1920s and early 1930s: The public-private partnership experience
[journal article]
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, ... view more
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.... view less
Keywords
concession; trade union; profitability; textile industry
Classification
Social History, Historical Social Research
Free Keywords
NEP; foreign capital; labor conflicts
Document language
English
Publication Year
2021
Page/Pages
p. 160-184
Journal
Russian Journal of Economics, 7 (2021) 2
ISSN
2618-7213
Status
Published Version; reviewed
Licence
Creative Commons - Attribution-Noncommercial-No Derivative Works 4.0