Like most transition economies, Bulgaria, Lithuania, and Mongolia suffered severe banking crises, which had to be …

Privatization promotes economic efficiency and growth, thereby reinforcing macroeconomic adjustment. In the short run … impacts and the fiscal implications of privatization. It then reviews various methods of privatization and finds that public …’ options for mitigating the social impact of privatization are surveyed, and experiences under adjustment programs reviewed …

This paper reviews a selection of studies on privatization experiences in transition countries. Empirical studies … is reviewed, along with the question of whether privatization efforts support or hinder de novo private sector …

Although a centerpiece of the reform process in Central and Eastern Europe, large-scale privatization cannot be … the allocative efficiency implications of alternate sequences of privatization in a reforming planned economy with two …

This paper discusses several proposals for a wholesale privatization of public enterprises in Eastern Europe. These … proposals include the distribution of ”vouchers” to private citizens as well as the use of mutual funds, privatization companies …