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The Sales Policy of the Treuhandanstalt as a Privatization Strategy

Gerlinde Sinn

Chapter 10 in Public Finance in a Changing World, 1998, pp 279-296 from Palgrave Macmillan

Abstract: Abstract At the end of 1994 the Treuhandanstalt closed its doors. In less than four years it had officially completed its task of helping transform the East German economy from a centrally planned system into a decentralized market economy. The incredible speed with which the privatization of the East German economy was carried out has no historical precedent. Neither the previously most comprehensive Chilean privatization, which reversed the nationalizations of the Allende government, nor the major privatization programmes undertaken by the Thatcher government in Britain had succeeded in pushing through their privatization programmes as quickly as the Treuhand,1 which had been established only in 1990.

Keywords: Sales Revenue; Capital Intensity; Rise Interest Rate; Government Budget Deficit; Sales Policy (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-14336-8_11

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DOI: 10.1007/978-1-349-14336-8_11

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