"The paper evaluates the effects of privatization in the post-communist economies and China. In post …-communist economies privatization to foreign owners results in a rapid improvement in performance of firms, while performance effects of … privatization to domestic owners are less impressive and vary across regions, coinciding with differences in policies and …

The paper evaluates the effects of privatization in the post-communist economies and China. In post-communist economies … privatization to foreign owners results in arapid improvement in performance of firms, while performance effects of privatization to … development. In China relatively more estimates suggest that privatization to domestic owners improves the level of performance …