Improve Living Conditions for Poor Households in Burkina Faso? Do Market-Oriented Rural Producer Organizations.

He felt that providing greater independence to the regions and enterprises and putting them on full cost accounting allowed them greater freedom to develop and the ability to further technical and organizational improvements at their respective locations. As later events showed, the divisional structure that Serebrovsky proposed based on his analysis of American oil companies was perfectly suited to Azneft, since it took into account the large size of the trust, the geographic dispersion of its offices and enterprises, its orientation toward a wide assortment of petroleum products intended for completely diverse groups of customers, etc. However, implementation of his proposal turned out to be incomplete in many respects, as it did not take into account his recommendations regarding the introduction of market principles into the organization of petroleum products trade and the development of the oil economy as a whole. Serebrovsky also made substantial contributions in the realm of oil production. The samples of oil production equipment that he purchased greatly helped promote the use of electric downhole pumps and put rotary drilling technology into practice ...»