In the early 1990s the Russian Federation implemented mass privatization with swift ownership changes in many industries. A notable exception was the coal sector, one the world's largest, which was in deep crisis and unable to function without massive subsidies. The government undertook a...

Regulatory simplification has become a part of many countries' efforts to improve the investment climate and the overall economy. Reducing red tape can lift constraints on private sector development and foster economic growth. In Latin America, where decentralization has advanced considerably in...

This paper provides an overview of the privatization of the Russian coal industry. It reviews the salient aspects of the Government's privatization policy as it evolved over the years, and looks at the reasons for the successes and the pitfalls encountered along the way. Specific procedures and...

This paper provides an overview of the privatization of the Russian coal industry. It reviews the salient aspects of the Government's privatization policy as it evolved over the years, and looks at the reasons for the successes and the pitfalls encountered along the way. Specific procedures and...