Time to Rethink Privatization in Transition Economies?
AbstractWorlwide, evidence is increasing that privatization improves firm performance. But in some institutionally-weak transition economies, ownership change has so far not delivered on its promise. Why? Mass and rapid privatization shcmes turned over mediocre assets to people lacking the incentives, skills and resources to manage them well. What is to be done? Proposals include renationalization and/or postponement of further privatization, both to be accompanied by measures to strenghten the managerial and administrative capacities of the state.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by World Bank - International Finance Corporation in its series Papers with number 38.
Length: 29 pages
Date of creation: 1999
Date of revision:
Contact details of provider:
Postal: The World Bank; International Finance Corporation, 1818 H Street, N.W. Washington, D.C. 20433, U.S.A.
Phone: 1 (202) 477-1234
Fax: 1 (202) 974-4384
Web page: http://www.ifc.org/
More information through EDIRC
PRIVATIZATION ; OWNERSHIP ; ENTERPRISES;
Find related papers by JEL classification:
- D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
- L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
- L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page. reading list or among the top items on IDEAS.Access and download statistics
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Krichel).
If references are entirely missing, you can add them using this form.