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


  • Marek Loužek


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, University of Economics, Prague, vol. 2005(2), pages 147-162.
  • Handle: RePEc:prg:jnlpol:v:2005:y:2005:i:2:id:500:p:147-162

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    References listed on IDEAS

    1. Torgler, Benno, 2002. " Speaking to Theorists and Searching for Facts: Tax Morale and Tax Compliance in Experiments," Journal of Economic Surveys, Wiley Blackwell, vol. 16(5), pages 657-683, December.
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    More about this item


    privatization; economic theory; Czech Republic; transition; capital markets; voucher privatizatio;

    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 - Economic Systems - - Socialist Institutions and Their Transitions


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