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Privatization Policy in Bulgaria: An Initial Assessment


  • Spartak Keremidchiev


The privatization process in the transition economies may appear to be the most serious economic event in the last 10-12 years. All transition countries experimented with different privatization models. Although the privatization processes have not ended yet, the development of a methodology for assessment of the privatization policy is necessary to not only specify the privatization outputs and to compare the effectiveness of the implemented policies, but also to support the policy design process. The paper aims to present an application of an elaborated methodology for assessing the privatization policy and opportunities for its implementation following the Bulgarian case.

Suggested Citation

  • Spartak Keremidchiev, 2005. "Privatization Policy in Bulgaria: An Initial Assessment," Development and Comp Systems 0501004, EconWPA.
  • Handle: RePEc:wpa:wuwpdc:0501004
    Note: Type of Document - pdf; pages: 13

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    References listed on IDEAS

    1. van Gelderen, Marco & Frese, Michael & Thurik, Roy, 2000. "Strategies, Uncertainty and Performance of Small Business Startups," Small Business Economics, Springer, vol. 15(3), pages 165-181.
    2. Berry, Maureen M. J. & Taggart, James H., 1998. "Combining technology and corporate strategy in small high tech firms," Research Policy, Elsevier, vol. 26(7-8), pages 883-895, April.
    3. Stephan, Paula E., 2010. "The Economics of Science," Handbook of the Economics of Innovation, Elsevier.
    4. Romer, Paul M, 1990. "Endogenous Technological Change," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 71-102, October.
    5. Audretsch, David B. & Bozeman, Barry & Combs, Kathryn L. & Feldman, Maryann & Link, Albert N. & Siegel, Donald S. & Stephan, Paula, 2002. "The Economics of Science and Technology," The Journal of Technology Transfer, Springer, vol. 27(2), pages 155-203, April.
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    More about this item


    privatization policy; quantitative assessment; transition economies; Bulgaria;

    JEL classification:

    • P21 - Economic Systems - - Socialist Systems and Transition Economies - - - Planning, Coordination, and Reform
    • P26 - Economic Systems - - Socialist Systems and Transition Economies - - - Political Economy

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