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and privatization policies. This paper outlines a combination of policies believed to be necessary, if not sufficient to …
Persistent link: https://www.econbiz.de/10005062463
In earlier papers on “Socialist privatization” Feige proposed a sequential set of stabilization, privatization and …
Persistent link: https://www.econbiz.de/10005118677
adjustment process in order to avoid a crisis of constitutional authority. A program of “Socialist Privatization” is proposed as …
Persistent link: https://www.econbiz.de/10005118685
of an egalitarian distribution of income and wealth? I propose a sequential set of stabilization, privatization and …
Persistent link: https://www.econbiz.de/10005118763
Spain is the only large European country in which airport management is strictly centralized and publicly owned. This peculiar institutional setting prevents competition among Spanish airports, and policy makers and bureaucrats in charge of the system regularly justify it on grounds of...
Persistent link: https://www.econbiz.de/10005125961
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.
Persistent link: https://www.econbiz.de/10005076580
Persistent link: https://www.econbiz.de/10005076897
manufacturing sector after privatization. It starts with the argumentation that the most important actors in the post-privatization … ownership structure in the Czech Republic were investment privatization funds, followed by the state, and that the ‘rules of the … leads to the hypothesis that the concentration-restructuring function in the post- privatization Czech environment is …
Persistent link: https://www.econbiz.de/10005077013
We use new firm-level data to examine the effects of spinoffs and privatization on corporate performance in a rapidly … spinoffs increase the firm’s profitability but do not alter its scale of operations, while the effect of privatization … consistent with tunneling (looting) by managers or (partial) owners. The effects of privatization are hence much less clear …
Persistent link: https://www.econbiz.de/10005077066
In this paper we look at the specific features of the delayed privatization in Kosovo, emphasising in particular two … privatization in the early 1990s in a limited number of SOEs in the Gjakova region based on a survey of these enterprises, and iii …) the critical assessment of the privatization proposals and the challenges in continuing the ongoing privatization process …
Persistent link: https://www.econbiz.de/10005124985