Privatization in the Countries of Eastern and Central Europe and of the Former Soviet Union

Pekka Sutela

No wp-1998-146, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: In transition economics, privatization seems to have two basic motivations: separation of politics from the economy, and better corporate governance. While different countries have emphasized such motivations to varying degrees, it is clear that none of the privatization methods chosen is indisputably the best. Also, it has proved impossible to plan privatization in the sense that the emerging distribution of property rights has been virtually always different from the one that the authorities seem to have had in mind.

Keywords: Corporate governance; Privatization; Right of property (search for similar items in EconPapers)
Date: 1998
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