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Privatizing Profits of Bulgaria's State Enterprises, TRANSITION newsletter about transition economies, The World Bank, Vol. 6, No.3, March 1995


  • Zeljko Bogetic

    (The World Bank)

  • Arye Hillman

    (Bar-Ilan University)


The note documents and discusses the modalities and consequences of the phenomenon of siphoning profits of state enterprises for private uses by state enteprise managers and insiders in Bulgaria during the period of early transition.

Suggested Citation

  • Zeljko Bogetic & Arye Hillman, 2005. "Privatizing Profits of Bulgaria's State Enterprises, TRANSITION newsletter about transition economies, The World Bank, Vol. 6, No.3, March 1995," Public Economics 0510010, EconWPA.
  • Handle: RePEc:wpa:wuwppe:0510010
    Note: Type of Document - pdf

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    References listed on IDEAS

    1. Brennan,Geoffrey & Buchanan,James M., 2006. "The Power to Tax," Cambridge Books, Cambridge University Press, number 9780521027922, March.
    2. Buchanan, James M & Lee, Dwight R, 1982. "Politics, Time, and the Laffer Curve," Journal of Political Economy, University of Chicago Press, vol. 90(4), pages 816-819, August.
    3. Bogetic, Zeljko & Hassan, Fareed, 1993. "Determinants of value - added tax revenue : a cross section analysis," Policy Research Working Paper Series 1203, The World Bank.
    4. Bebchuk, Lucian Arye & Kaplow, Louis, 1993. "Optimal sanctions and differences in individuals' likelihood of avoiding detection," International Review of Law and Economics, Elsevier, vol. 13(2), pages 217-224, June.
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    Cited by:

    1. Ivanovic, Vladan & Kufenko, Vadim & Begovic, Boris & Stanisic, Nenad & Geloso, Vincent, 2016. "Continuity under a different name: The outcome of privatisation in Serbia," Hohenheim Discussion Papers in Business, Economics and Social Sciences 10-2016, University of Hohenheim, Faculty of Business, Economics and Social Sciences.

    More about this item


    privatizing; privatization; state enteprprises; transition; Bulgaria;

    JEL classification:

    • D6 - Microeconomics - - Welfare Economics
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • H - Public Economics
    • O - Economic Development, Innovation, Technological Change, and Growth
    • P - Economic Systems
    • D1 - Microeconomics - - Household Behavior
    • D4 - Microeconomics - - Market Structure, Pricing, and Design

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