The differences in the work of the economic mechanisms of the USSR and Western countries can be seen in the work of joint ventures. Due to the reasons outlined above, it was unlikely to expect a quick result in this area of cooperation (out of more than 1300 registered joint ventures, about 300 actually operate), there were almost no prerequisites for this: no environment, no legislation, no market mechanism, no adequate infrastructure, no experience, no personnel. But now, when the initial stage has already been passed, we are obliged to clearly identify all the inconsistencies, fundamental shortcomings and contradictions in order to more thoroughly determine: a) the mode of existence of joint ventures, which guarantees against arbitrary interference in their actions and allows to establish stable relations with the budget, other firms and banks; b) the entire foreign economic strategy, the role and there is a place for joint entrepreneurship in it (it is unlikely that this place will be significant in the coming years).
Let's briefly consider only three areas of joint venture operation, in each of which there are serious discrepancies with the practice of market economy (although it, of course, differs by country).
In the field of legal regulation, the activities of joint ventures in capitalist countries are carried out on the basis of general norms of domestic civil and commercial law, as well as through laws on foreign investment and competition (antimonopoly activities). In the USSR, firstly, there is practically no necessary legitimization of the market behavior of enterprises in domestic legislation. Secondly, the "contract law" is poorly developed, many of the norms of which, for example, civil partnership, are allowed but not applied. Thirdly, there is a separation of domestic economic law from legislation for joint ventures (which is again a natural consequence of the functioning of the administrative system and the separation of all foreign economic activity from domestic management). Fourthly, the development of joint ventures is hindered by the confusion of the concepts of an enterprise and its legal form, which leads to many limitations, difficulties in mutual understanding, etc. Fifthly, there is a serious restriction in the legislation of the USSR, which establishes that only legal entities can participate in joint ventures. This introduces uncertainty into the application of general partnership agreements, makes it difficult to cooperate with small Western firms and individuals, and leads to unequal treatment of partners. Whether you are betting from India, Bangladesh, Egypt, Pakistan, you can use the melbet promo code today to enjoy a welcome offer of up to an equivalent of 20,000 INR for sports betting and a casino welcome bonus of up to 155,000 INR and 290 free spins. Tested & verified. New customers New customers 11 views this week CLAIM NOW Charles Taudin Charles Taudin Last updated: Today.