Showing 1 - 10 of 22,353
The paper considers the Russian privatization process and examines how its deviation from the competitive sale standard … was likely to affect wealth inequality. (Privatization here is defined narrowly as the transfer of existing assets from … is feasible to analyze the institutional features of Russian privatization in terms of their effect on redistribution of …
Persistent link: https://www.econbiz.de/10014189956
liberalization, stabilization, and privatization processes in each country. The third part presents the differences in macroeconomic … performance and the progress of the transition. In the final part we try to analyze the political and other reasons for the …
Persistent link: https://www.econbiz.de/10008633132
to do that is to adopt the ten principles of the Washington Consensus, which call for liberalization, deregulation and … privatization. It is not clear how measures like these are conducive to economic diversification, but the message is obvious …
Persistent link: https://www.econbiz.de/10014518473
specifications used in the previous transition literature. We do seem to confirm rent-seeking behaviour in insider-controlled firms …
Persistent link: https://www.econbiz.de/10005673138
An early review of the general phenomenon of the transition - privatization of profits of state enterprises - in the … case of Bulgaria, highlighting its impact on the pace of privatization and tax reform …
Persistent link: https://www.econbiz.de/10013125782
transition, as well as a policy road map for future development of a competitive private sector …
Persistent link: https://www.econbiz.de/10013125785
The paper evaluates the effect of the speed and extent of reforms in twenty-five transition economies on growth and … larger lagged positive effect. Same period inflation increases as a result of greater liberalization, but decreases in … subsequent periods. Controlling for the extent of liberalization, the speed with which it was attained has no additional effect …
Persistent link: https://www.econbiz.de/10014168992
This paper surveys the theoretical literature on the effect of soft budget constraints on economies in transition from …-problem approach) that explain shortage, lack of innovation in centralized economies, devolution, and banking reform in transition …
Persistent link: https://www.econbiz.de/10014035853
investor concerns over certainty of title and security. I conclude with the observation that while privatization may be … superior to communal ownership for particular Indigenous governments, law related to the social impacts of privatization should …
Persistent link: https://www.econbiz.de/10013045103
While privatization of state-owned enterprises has been one of the most important aspects of the economic transition … from a centrally planned to a market system, no transition economy has privatized all its firms simultaneously. This raises … the determinants of the sequencing of privatization. To obtain testable predictions about factors that may affect …
Persistent link: https://www.econbiz.de/10014034391