Ownership Reforms or Privatization?

Éva Voszka and András Boros-Kazai

Eastern European Economics, 1991, vol. 30, issue 1, 57-91

Abstract: Unlike most writings on this topic, this article does not intend to put forth new proposals but rather to explain the concepts formulated so far, it is, of course, only one possible interpretation. The guiding principles are the current framework of changing ownership structure including the variable goals, the definition of positional incentives, and the subsequent quandaries of organic transition and systemic change. Although the analysis only goes up to the summer of 1990, and newer developments are not taken into consideration, it may be worthwhile to recall how far we have come and why we have not progressed further.

Date: 1991
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