Barriers to the Transition of Enterprises in BSEC Countries from Central Plan to Market Economy

The need for transforming managerial practices in BSEC1 countries from those employed in centralized, command economies to those appropriate for a competitive market-driven business environment is widely recognized. However, little is being done to understand the horrendous difficulties that attend this challenge. Knowing what to change and what to leave in place -either because of its intrinsic value or because of its impenetrable and unyielding nature- further complicates the situation.