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Wie privatisieren und wer privatisiert? Zur Erklärung der Wahl der Privatisierungsmethode und -organisation

  • Siegmund, Uwe
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    With this theoretical survey the thesis is put forward that the method of privatization as well as the structure of the privatization agency is choosen by the politicians for politico-economic reasons, and not for reasons of saving transaction costs or for reasons of ideological preferences. The method of privatization (auction, bargaining, giveaway) is the one that is choosen which secures power for the politician. And the agency of privatization is structured according to the juridical power and political structure of the State.

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    Paper provided by Kiel Institute for the World Economy in its series Kiel Working Papers with number 812.

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    Date of creation: 1997
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    Handle: RePEc:kie:kieliw:812
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    1. Heinrich, Ralph P., 1993. "The merits of insider privatization: What Russia can learn from Eastern Central Europe," Kiel Discussion Papers 201, Kiel Institute for the World Economy (IfW).
    2. Schmidt, Klaus M. & Schnitzer, Monika, 1997. "Methods of Privatization: Auctions, Bargaining and Give-Aways," CEPR Discussion Papers 1541, C.E.P.R. Discussion Papers.
    3. Kornai, Janos, 1992. "The Socialist System: The Political Economy of Communism," OUP Catalogue, Oxford University Press, number 9780198287766.
    4. Siegmund, Uwe, 1997. "Warum Privatisierung? Eine Dogmengeschichte der Privatisierungstheorien," Kiel Working Papers 785, Kiel Institute for the World Economy.
    5. Umbeck, John, 1981. "Might Makes Rights: A Theory of the Formation and Initial Distribution of Property Rights," Economic Inquiry, Western Economic Association International, vol. 19(1), pages 38-59, January.
    6. Sinn, Hans-Werner, 1995. "A Theory of the Welfare State," CEPR Discussion Papers 1278, C.E.P.R. Discussion Papers.
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