Theory of Privatization in Eastern Europe: Literature Review

Ibolya Schindele

No 2003.2, Working Papers from Fondazione Eni Enrico Mattei

Abstract: This paper discusses the most important theoretical contributions to the literature on privatization, focusing on emerging economies, and gives a summary on recent research concerning the ways privatization might affect the development of securities markets. In addition, the paper provides a number of policy implications, emphasizing the trade-off between privatization and the reduction in social welfare and the possibility that the privatization process itself may have conflicting objectives (creation of incentive mechanisms, fairness, fast privatization).

Keywords: Privatization; Emerging economies; Social welfare (search for similar items in EconPapers)
JEL-codes: L33 P31 (search for similar items in EconPapers)
Date: 2003-01
New Economics Papers: this item is included in nep-his and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:fem:femwpa:2003.2

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