Lessons from Eastern Europe's Voucher Privatization

David Ellerman

Challenge, 2001, vol. 44, issue 4, pages 14-37

Abstract: Several years have passed since the failure of shock therapy to create a vibrant market economy in Russia. Some of the architects of the original plans have admitted that their strategies were naive, incomplete, or excessively ambitious. Others still insist there were no viable alternatives. In this thorough piece, a World Bank economist assesses why voucher privatization in particular was such a popular reformist tool and why it was doomed from the beginning.

Date: 2001
View citations in EconPapers

Downloads: (external link)
http://mesharpe.metapress.com/link.asp?target=contribution&id=91XT75U5NT8H6KRM (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:mes:challe:v:44:y:2001:i:4:p:14-37

Access Statistics for this article

More articles in Challenge from M.E. Sharpe, Inc.
Series data maintained by Christopher F. Baum ().