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Nazrál čas k vyváženému hodnocení české privatizace?
[Has the time come for a balanced view of the czech privatization?]

Author

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  • Marek Loužek

Abstract

The paper is concerned with the Czech privatization. According to the author, there was no economic theory of privatization in 1989. Therefore, decision makers in transition economies had to improvise and solve a dilemma: a fast, or slow privatization? The Czech literature on privatization as well as the strengths and weaknesses of privatization methods in the Czech Republic, including of the voucher one, are discussed. The paper argues against the pessimistic view on the Czech privatization, which predominated in the literature in the second half of the nineties.

Suggested Citation

  • Marek Loužek, 2005. "Nazrál čas k vyváženému hodnocení české privatizace? [Has the time come for a balanced view of the czech privatization?]," Politická ekonomie, Prague University of Economics and Business, vol. 2005(2), pages 147-162.
    • Handle: RePEc:prg:jnlpol:v:2005:y:2005:i:2:id:500:p:147-162
    DOI: 10.18267/j.polek.500
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    More about this item

    Keywords

    privatization; economic theory; Czech Republic; transition; capital markets; voucher privatizatio;
    All these keywords.

    JEL classification:

    • N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • P3 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions

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