Privatization: An Analysis of the Absorption Problem

Andras Simon

Comparative Economic Studies, 1992, vol. 34, issue 3-4, 10 pages

Abstract: Absorption of privatized assets is thought to be “fair” if nobody profiteers by receiving extremely high returns. Liquidity constraints and lack of saving may prevent privatization from being implemented in a “fair” manner. Different privatization schemes are examined from this perspective. An increase in government saving or a policy of letting income inequalities develop during the transition to a capitalist economy may improve fairness, if the concept of fairness is not limited to equality or justice, ideas that are usually understood to be implied by the word.

Date: 1992
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.palgrave-journals.com/ces/journal/v34/n3/pdf/ces199221a.pdf Link to full text PDF (application/pdf)
http://www.palgrave-journals.com/ces/journal/v34/n3/full/ces199221a.html Link to full text HTML (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: https://EconPapers.repec.org/RePEc:pal:compes:v:34:y:1992:i:3:p:1-10

Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/41294/PS2

Access Statistics for this article

Comparative Economic Studies is currently edited by Nauro Campos

More articles in Comparative Economic Studies from Palgrave Macmillan, Association for Comparative Economic Studies Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().