Proposals for Privatization in Eastern Europe

Eduardo Borensztein and Manmohan S. Kumar
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Eduardo Borensztein: International Monetary Fund
Manmohan S. Kumar: International Monetary Fund

IMF Staff Papers, 1991, vol. 38, issue 2, 300-326

Abstract: Several proposals for a wholesale privatization of public enterprises in Eastern Europe are discussed. These proposals include the distribution of "vouchers" to private citizens, as well as the use of mutual funds, privatization companies, and other forms of financial intermediaries. The paper analyzes the implications for economic efficiency of the different forms of ownership and control that would emerge from the proposals, as well as their main macroeconomic consequences.

JEL-codes: L33 P21 P50 (search for similar items in EconPapers)
Date: 1991
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Citations: View citations in EconPapers (15)

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Persistent link: https://EconPapers.repec.org/RePEc:pal:imfstp:v:38:y:1991:i:2:p:300-326

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