features of Russia’s privatization by period and of Russian businessmen. In addition, success factors and failure factors are … a different social and economic structure from Russia when it began privatization. Russia was a large autarkic economy … intact. The first lesson we learn from Russia’s and Vietnam’s experiences is that institutionalization is the prerequisite of …

, Russia and Ukraine in the CIS adjacent to the EU, Kazakhstan in Central Asia, and China in East Asia. Of course, reform and … development. Even in Russia, which is not a rapidly transitioning nation, the rich potential for development of abundant resources …. During our quantitative analysis of determinants of FDI inflows in transition economies, we came upon many cases where …

This study examines the operating performance of privatized firms in three Central European Transition Economies … years after privatization. Contrary to the increasing empirical evidence for non-transition economies, our privatized firms … expected and that, although necessary, privatizations do not necessarily produce equal efficiency gains in transition economies …