Privatization: The Trade-Offs between Speed, Efficiency and Distribution

Tomasz Mickiewicz

Chapter 4 in Economic Transition in Central Europe and the Commonwealth of Independent States, 2005, pp 64-82 from Palgrave Macmillan

Abstract: Abstract In Chapter 3, we discussed the introduction of a stabilization and liberalization package which may be seen as equivalent to the beginning of the transition. This chapter is devoted to the key dimension of institutional change: privatization. In most countries the process took a long time to implement and is still not complete after fifteen years. In a few others, the initial privatization impulse came fast: yet, at a cost.

Keywords: Foreign Direct Investment; Corporate Governance; Foreign Investor; Economic Transition; Private Owner (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:pal:stuchp:978-0-230-50434-9_4

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DOI: 10.1057/9780230504349_4

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