, financial reforms that ended decades of financial repression, and a massive privatization program. We investigate the role … played by ideas, interests and institutions. More specifically, we examine the role played by the 'reform team' investigate …

capture, and then protect, these rents leads to the creation of new distortions, even as the reform process tries to move … governments throughout the economy sought to capture these rents by developing high margin industries. Continued reform, and …, leading local governments to impose a variety of interregional barriers to trade. Thus, the reform process led to the …

feudal elite; withdrew its hand with a propitious mass privatization that rallied the private sector; marginalized an …

"This paper studies the cycles of nationalization and privatization in resource-rich economies. We discuss available … evidence on the drivers and consequences of privatization and nationalization, review the existing literature, and present … of the observed cycles of privatization and nationalization, and is consistent with a variety of observed phenomena …

investigate the demand for the rule of law in post-Communist economies after privatization under the assumption that theft is … reform may not emerge because the expectation of weak legal institutions increases the expected relative return to stripping …

In 1997, France T‚l‚com, the state-owned French telephone company, went through a partial privatization. The government …

Many advocates of social security privatization argue that rates of return under a defined contribution individual … riskiness of stock investments. Confusion arises because three distinct reforms are muddled. By privatization we mean creating … about a quarter of all social security contributions, in perpetuity. Unlike privatization, prefunding would raise rates of …

The privatization of social services is being increasingly discussed. The social services market is characterized by …