analysis shows that the estimated correlation of privatization and mortality in country-level data is not robust to recomputing … the mass-privatization measure, to assuming a short lag for economic policies to affect mortality, and to controlling for … evidence that privatization increased mortality during the early 1990s. Finally, we reanalyze the relationship between …

shows that the estimated correlation of privatization and mortality in country-level data is not robust to recomputing the … mass-privatization measure, to assuming a short lag for economic policies to affect mortality, and to controlling for … evidence that privatization increased mortality during the early 1990s. Finally, we reanalyze the relationship between …

Worldwide, evidence is increasing that privatization improves firm performance. But in some institutionally …-weak transition economies, ownership change has so far not delivered on its promise. Why? Mass and rapid privatization schemes turned … privatization can and has led to stagnation and decapitalization rather than to better financial results and increased efficiency …

spite of a wave of crises and recessions in the late 1990s and early 2000s). Privatization has made a great deal of progress …

governmental level. Here the privatization program--leading to restructuring or not--is designed. Transition governments are in a …

According to leading economic theorists, creating capitalism out of communism requires rapid privatization. In this … article we empirically test the welfare implications of privatization policies in Post-Soviet countries by using cross …-national panel mortality data as an indicator of social costs. We find that rapid privatization - whether measured by a novel measure …

In their privatization programs, transition governments have frequently given away shares (so-called 'mass … privatization'), while maintaining significant minority ownership. We explain the rationality of this behavior for an expected net … constraint raises to zero prices that would otherwise be negative, and has an indirect effect: mass privatization and partial …