ownership and compares the effects of privatization, restructuring, and financial reform. Although focused on transition …The transition from socialism to capitalism in former socialist economies is one of the main economic events of the … research in transition shows not only that institutions matter but also how their evolution toward higher efficiency depends on …

Privatizing Russia offers an inside look at one of the most remarkable reforms in recent history. Having started on the … back burner of Russian politics in the fall of 1991, mass privatization was completed on July 1, 1994, with two thirds of … authors, all key participants in the reform effort, describe the events and the ideas driving privatization. They argue that …

Hungarian economist János Kornai first used the metaphor of a single path to postsocialist transition in his earlier … perspective and understanding of the complexities of transition: every highway and byway leads eventually to capitalism, Kornai … ongoing dilemmas. The transition from communism to free enterprise is filled with daunting hurdles; it requires no less than …

The transition of the former socialist and otherwise centrally planned economies into the world trading and financial … address the principal issues raised by this transition. The chapters, which cover fourteen countries of East and Central … possible difficulty of sustaining rapid transition reforms and globalization in the face of rising unemployment. The countries …

the British privatization program explores these questions both theoretically and empirically. …

Russiaâ€? Probably never. Russia, despite its epic intellectual achievements in music, literature, art, and pure science, is a … negligible presence in world technology. Despite its current leaders’ ambitions to create a knowledge economy, Russia is … invention followed by failure to commercialize and implement. For three centuries, Graham shows, Russia has been adept at …