competitive market-based privatization. The authors find that 95-99 percent of maximum aggregate consumption (depending on the …

presents preliminary results from Poland's privatization experience. Part III identifies the anticipated and unanticipated … institutional and behavioral barriers to privatization in Poland. Part IV offers several lessons for other transition economies …Contrary to expectations and announcements of policy makers in transition economies, privatization has taken longer …

The aim of the present paper is to discuss the role of the Mass Privatization Programme (MPP) in Poland, as a vehicle …, as a novel way of effective privatization of firms involved coupled with their overhaul and in-depth restructuring …. Unlike similar mass privatization schemes in other transition economies (e.g. Russia, Czech Republic or Slovakia) the Polish …

Piotr Kozarzewski and Maciej Bałtowski analyse the causes and manifestations of Poland's recent shift in economic … policy towards a more active role of the state, and use privatization policy as an example. The authors examine the effects … of the privatization policy and point to a large unfinished agenda in ownership transformation that has had an adverse …

Mass privatization offers a particularly suitable framework to study the change in ownership concentration as the … extent of change is unusual for a stable market economy. Focusing on two different mass privatization schemes in two … transition economies, Poland and the Czech Republic, we find that despite important differences in the design of the two …

explore the effect of privatization on each company's value. The outcomes concerning the larger group of companies are partly …