Privatisierung in Osteuropa: Strategien und Ergebnisse

Monika Schnitzer ()

Munich Reprints in Economics from University of Munich, Department of Economics

Abstract: The privatization process in Eastern Europe has not been a success everywhere. The opinion or experts about the optimal privatization strategy has changed over the last decade. This article first presents the theoretical foundation for privatizing state-owned enterprises. It then discusses the pros and cons of different privatization strategies. As the examples of the Czech Republic and Russia show, privatization does not lead to enterprise restructuring if it is not accompanied by institutional reforms. Empirical studies confirm that the effects of privatization are very different in different regions, mostly positive in MOE countries, but not always so in CIS countries.

Date: 2003
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Citations: View citations in EconPapers (7)

Published in Perspektiven der Wirtschaftspolitik 3 4(2003): pp. 359-377

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Journal Article: Privatisierung in Osteuropa: Strategien und Ergebnisse (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:lmu:muenar:19884

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