Estrin, Saul; Hanousek, Jan; Kočenda, Evžen; Švejnar, Jan - 2009
associated with lower employment. When accompanied by complementary reforms, privatization has a positive effect on economic …"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 …