all the post-communist countries have become market economies and have achieved macroeconomic stability. Privatization was … has occurred. What went wrong? How could privatization be done better, or be defended? What should be done to defend … private enterprise in the future? This paper argues that the nature of privatization is far less important than the …

This study is a natural continuation of the author’s earlier book on privatization in Hungary, covering the … somewhat misleading, if compared to the privatization revenues generated by previous governments prior to 2010. However, if all … the post 2010 nationalization deals were much smaller than the 1990-2000 privatization deals. …

In this paper, we scrutinize in the transforming party-state system of China the subtle dynamics of enterprise …

Rapid economic development in China in the post-1978 era has been considered 'intriguing' and 'puzzling' since it … elite are motivated to promote economic development in China. It argues that like politicians in other types of political … regimes, autocratic leaders are interested in high growth rates. It also studies the historical development of China …

We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm … and domestic blockholders, but insider and mass privatization are also estimated to have positive, although smaller …

1990 to 2003. The estimating equation is augmented with country- and time-specific variables for methods of privatization … and other factors potentially relevant to growth in transition economies. It is found that 'mass privatization' is … associated with faster growth, but the other privatization methods have no significant impact. The findings suggest that in the …

China’s current fiscal system is largely decentralized while its governance structure is rather centralized with strong …