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Privatization in the Countries of Eastern and Central Europe and of the Former Soviet Union

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  • Pekka Sutela

Abstract

In transition economics, privatization seems to have two basic motivations: separation of politics from the economy, and better corporate governance. While different countries have emphasized such motivations to varying degrees, it is clear that none of the privatization methods chosen is indisputably the best. Also, it has proved impossible to plan privatization in the sense that the emerging distribution of property rights has been virtually always different from the one that the authorities seem to have had in mind.

Suggested Citation

  • Pekka Sutela, 1998. "Privatization in the Countries of Eastern and Central Europe and of the Former Soviet Union," WIDER Working Paper Series wp-1998-146, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-1998-146
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    File URL: https://www.wider.unu.edu/sites/default/files/wp146.pdf
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    Cited by:

    1. Miklós Szanyi, 2013. "Large-Scale Transformation of Socio-Economic Institutions – Comparative Case Studies on CEECs. Background Paper 3: Varieties of Capitalism and CEECs. WWWforEurope Working Paper No. 19," WIFO Studies, WIFO, number 46874, April.
    2. Monika Rakos & Janos Szendrak & Laszlo Erdey & Peter Miklos Komives & Veronika Fenyves, 2022. "Analysis of the Economic Situation of Energy Companies in Central and Eastern Europe," International Journal of Energy Economics and Policy, Econjournals, vol. 12(4), pages 553-562, July.
    3. Magdolna Sass & Jana Vlčková, 2019. "Just Look behind the Data! Czech and Hungarian Outward Foreign Direct Investment and Multinationals," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 69(supplemen), pages 73-105, December.

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