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Foreign concessions in the USSR textile industry in the 1920s and early 1930s: The public-private partnership experience

Author

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  • Irina V. Shilnikova

    (Russian Presidential Academy of National Economy and Public Administration, Moscow, Russia)

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.

Suggested Citation

  • Irina V. Shilnikova, 2021. "Foreign concessions in the USSR textile industry in the 1920s and early 1930s: The public-private partnership experience," Russian Journal of Economics, ARPHA Platform, vol. 7(2), pages 160-184, July.
    • Handle: RePEc:arh:jrujec:v:7:y:2021:i:2:p:160-184
    DOI: 10.32609/j.ruje.7.51697
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    More about this item

    Keywords

    NEP concessions foreign capital textile industry profitability taxes labor conflicts trade unions.;

    JEL classification:

    • N34 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Europe: 1913-
    • N44 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: 1913-
    • N64 - Economic History - - Manufacturing and Construction - - - Europe: 1913-
    • N84 - Economic History - - Micro-Business History - - - Europe: 1913-

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