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The Czech privatisation after 20 years

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  • Marek Louzek

Abstract

This article discusses the Czech privatisation. Since there was no economic theory of privatisation in 1989, the decision makers in transition economies had to improvise and solve a dilemma: fast or slow privatisation? The Czech literature on privatisation as well as the strengths and weaknesses of the privatisation methods in the Czech Republic, including the voucher one, are discussed. The article argues against the pessimistic view of the Czech privatisation, which predominated in the literature in the second half of the 1990s.

Suggested Citation

  • Marek Louzek, 2009. "The Czech privatisation after 20 years," Post-Communist Economies, Taylor & Francis Journals, vol. 21(3), pages 345-359.
    • Handle: RePEc:taf:pocoec:v:21:y:2009:i:3:p:345-359
    DOI: 10.1080/14631370903090657
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    Cited by:

    1. Ichiro Iwasaki & Taku Suzuki, 2016. "Radicalism Versus Gradualism: An Analytical Survey Of The Transition Strategy Debate," Journal of Economic Surveys, Wiley Blackwell, vol. 30(4), pages 807-834, September.
    2. Bernd Gorzig & Martin Gornig & Ramona Voshage & Axel Werwatz, 2010. "Eastern Germany on the brink of closing the productivity gap? Firm level evidence from manufacturing," Post-Communist Economies, Taylor & Francis Journals, vol. 22(4), pages 499-511.

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