-level dataset to study this redistribution in East Germany where the entire state-owned economy was either privatized or liquidated … within less than five years. We examine whether the privatization authority followed its mandate to privatize competitive … investors, and are more likely to remain in business even 20 years after leaving public ownership. The privatization agency …

Based on contribution patterns to parties in Germany and elsewhere, we suggest that democracies should use a mixed … system where private funding can play a larger role than public funding. In Germany the high level of public funding for …

This paper describes the privatization program in Italy during the 1990s and puts that policy in the context of … attempts at privatization of the 1980s, delaying until 1992 the start of largescale privatizations. These were imposed on … analysis of the consequences of privatization on corporate governance show that, notwithstanding considerable changes in the …

This paper models privatization as a cooperative game between the government, a trade union and the private … shareholders. These players kno w that privatization increases the efficiency of a firm, but only the management of the firm knows …