the market. In particular, we look at whether speed of privatization, legal institutions or initial conditions are more … results suggest that, contrary to the earlier literature, the speed of privatization is negatively associated with growth, but … important in explaining the growth of the transition countries in the years since the end of the Cold War. In the mid 90s a …

When Russia launched mass privatization, it was widely believed that it would create a powerful constituency for the … show that beneficiaries of mass privatization may fail to demand the rule of law even if it is the Pareto efficient rule of …

workforce education should promote better management, and ultimately faster economic growth …

"This paper studies the cycles of nationalization and privatization in resource-rich economies. We discuss available … evidence on the drivers and consequences of privatization and nationalization, review the existing literature, and present … of the observed cycles of privatization and nationalization, and is consistent with a variety of observed phenomena …