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Centralization, Renationalization, Redistribution. The Role of the Government in Changing the Ownership Structure in Hungary, 1989-93

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  • Voszka, Eva

Abstract

This paper discusses the shifts in Hungarian privatization strategies and in the role of the government in changing the ownership structure. Analysing the forms of transformation, the goals and motivations of the participants (enterprises and government organizations) and the reasons for changing the main direction, it argues that the five-year history of Hungarian privatization indicates the mixed and unstable character of the process.

Suggested Citation

  • Voszka, Eva, 1994. "Centralization, Renationalization, Redistribution. The Role of the Government in Changing the Ownership Structure in Hungary, 1989-93," CEPR Discussion Papers 916, C.E.P.R. Discussion Papers.
  • Handle: RePEc:cpr:ceprdp:916
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    References listed on IDEAS

    as
    1. J. Bradford De Long and Barry Eichengreen., 1991. "The Marshall Plan: History's Most Successful Structural Adjustment Program," Economics Working Papers 91-184, University of California at Berkeley.
    2. Krugman, Paul, 1988. "Financing vs. forgiving a debt overhang," Journal of Development Economics, Elsevier, vol. 29(3), pages 253-268, November.
    3. F. Giavazzi & M. Pagano, 1989. "Confidence Crises and Public Debt Management," Working Papers 73, Dipartimento Scienze Economiche, Universita' di Bologna.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Hungary; Renationalization; Spontaneous Privatization;

    JEL classification:

    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • P52 - Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies

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