Privatisierung in Osteuropa: Strategien und Ergebnisse
The privatization process in Eastern Europe has not been a success everywhere. The opinion or experts about the optimal privatization strategy has changed over the last decade. This article first presents the theoretical foundation for privatizing state-owned enterprises. It then discusses the pros and cons of different privatization strategies. As the examples of the Czech Republic and Russia show, privatization does not lead to enterprise restructuring if it is not accompanied by institutional reforms. Empirical studies confirm that the effects of privatization are very different in different regions, mostly positive in MOE countries, but not always so in CIS countries.
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|Date of creation:||2003|
|Date of revision:|
|Publication status:||Published in Perspektiven der Wirtschaftspolitik 3 4(2003): pp. 359-377|
|Contact details of provider:|| Postal: Ludwigstr. 28, 80539 Munich, Germany|
Web page: http://www.vwl.uni-muenchen.de
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- Schmidt, Klaus M. & Schnitzer, Monika, 1993.
"Privatization and Management Incentives in the Transition Period in Eastern Europe,"
Munich Reprints in Economics
3400, University of Munich, Department of Economics.
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- Schmidt, K.M. & Schnitzer, M., 1992. "Privatization and Management Incentives in the Transition Period in Eastern Europe," Working papers 92-17, Massachusetts Institute of Technology (MIT), Department of Economics.
- Schmidt,Klaus & Schnitzer,Monika, 1992. "Privatization and management incentives in the transition period in Eastern Europe," Discussion Paper Serie A 374, University of Bonn, Germany.
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- Sinn, Gerlinde & Sinn, Hans-Werner, 1992. "Kaltstart. Volkswirtschaftliche Aspekte der Deutschen Vereinigung," Monograph, Mohr Siebeck, Tübingen, edition 2, number urn:isbn:9783161459429, May.
- Jozef M van Brabant, 2000. "Without a Map – Political Tactics and Economic Reform in Russia," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 42(2), pages 109-112, July.
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