What Was Behind the Delay in the Bulgarian Privatization Process? : Determining Incentives and Barriers of Privatization as a Way of Foreign Entry
It is conventionally thought that to develop competition in a transition economy, privatization, restructuring, and creation of new firms should take place first. Bulgaria's experience raises the question of whether its chosen methods of privatization reform, and the pace of this reform, are sufficient to promote competition in such a market. To answer this question, we explore the barriers and the incentives, that foreign multinational enterprises (MNEs) have faced during their participation in the Bulgarian privatization programs. This paper investigates those questions on the basis of survey data. It was determined that Bulgarian privatization deals have been accelerated since 1997. On the other hand, Bulgaria still lacks transparency and abolishment of monopolies; at the same time, its bureaucratic procedures and small progress are in the transition process.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 39 (2003)
Issue (Month): 5 (September)
|Contact details of provider:|| Web page: http://www.tandfonline.com/MREE20|
|Order Information:||Web: http://www.tandfonline.com/pricing/journal/MREE20|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Marin Alexandrov Marinov & Svetla Trifonova Marinova, 1997. "Privatisation and foreign direct investment in Bulgaria: Present characteristics and future trends," Post-Communist Economies, Taylor & Francis Journals, vol. 9(1), pages 101-116.
- Jean M Due & Stephen C Schmidt, 1995. "Survey Article: Progress on Privatization in Bulgaria," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 37(1), pages 55-77, April.
- Josef C. Brada, 1996. "Privatization Is Transition--Or Is It?," Journal of Economic Perspectives, American Economic Association, vol. 10(2), pages 67-86, Spring.
When requesting a correction, please mention this item's handle: RePEc:mes:emfitr:v:39:y:2003:i:5:p:58-82. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Longhurst)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.