Voucher Privatization in Russia: First results and experiences

Alexander Abramov, Wladyslaw Jermakowicz and Julian Pankow

No 21, CASE Network Studies and Analyses from CASE-Center for Social and Economic Research

Abstract: The main political problem faced by architects of the Russian VPP was the question of satisfying the interests of all partners taking part in privatization: employees, management, citizens and potential strategic investors. Therefore, a very rigid procedure of shares distribution was introduced in the program. This procedure assumed three rounds: closed subscription round,voucher auctions round and investment tenders round. Length: 47 Pages

Keywords: Voucher; privatization; transition economies (search for similar items in EconPapers)
Date: 1994
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Citations: View citations in EconPapers (2)

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