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Voucher Privatization in Russia: First results and experiences

Author

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  • Alexander Abramov
  • Wladyslaw Jermakowicz
  • Julian Pankow

Abstract

The main political problem faced by architects of the Russian VPP was the question of satisfying the interests of all partners taking part in privatization: employees, management, citizens and potential strategic investors. Therefore, a very rigid procedure of shares distribution was introduced in the program. This procedure assumed three rounds: closed subscription round,voucher auctions round and investment tenders round. Length: 47 Pages

Suggested Citation

  • Alexander Abramov & Wladyslaw Jermakowicz & Julian Pankow, 1994. "Voucher Privatization in Russia: First results and experiences," CASE Network Studies and Analyses 0021, CASE-Center for Social and Economic Research.
  • Handle: RePEc:sec:cnstan:0021
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    File URL: http://www.case-research.eu/upload/publikacja_plik/3414438_021.pdf
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    References listed on IDEAS

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    1. V. Medvedev, 1993. "Privatization," Problems of Economic Transition, Taylor & Francis Journals, vol. 35(11), pages 79-87.
    2. Marek Dabrowski, 1993. "Two Years of Economic Reforms in Russia. Main Results," CASE Network Studies and Analyses 0009, CASE-Center for Social and Economic Research.
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    Cited by:

    1. Reynolds, Douglas B. & Kolodziej, Marek, 2007. "Institutions and the supply of oil: A case study of Russia," Energy Policy, Elsevier, vol. 35(2), pages 939-949, February.
    2. Reynolds, Douglas B. & Kolodziej, Marek, 2008. "Former Soviet Union oil production and GDP decline: Granger causality and the multi-cycle Hubbert curve," Energy Economics, Elsevier, vol. 30(2), pages 271-289, March.

    More about this item

    Keywords

    Voucher; privatization; transition economies;

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