Framework Issues in the Privatisation Strategies of the Czech Republic, Hungary and Poland

Morris Bornstein

Post-Communist Economies, 1999, vol. 11, issue 1, 47-77

Abstract: Framework issues in privatisation include the alternative of commercialisation of state-owned enterprises without privatisation, the scope and sequence of divestiture by branch of the economy, the organisational structure for privatisation, the choice among standard and non-standard methods, and problems in the administration of privatisation, such as valuation, transparency and corruption. For each issue, the study analyses major aspects and compares relevant experience of the Czech Republic, Hungary and Poland. The concluding section draws some general lessons from the theoretical analysis and empirical comparisons.

Keywords: Privatisation; State-OWNED Enterprises; Corporatisation; Commercialisation; Divestiture; Restitution; Management And Employee Buy-OUTS; Mass Privatisation; Valuation; Transparency; Corruption (search for similar items in EconPapers)
Date: 1999
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Citations: View citations in EconPapers (12)

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DOI: 10.1080/14631379996048

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