experience with privatization and liberalization was brought into a new light by the recent economic crisis. It is unlikely that …Since it became involved in telecommunications during the course of the nineteenth century, the state has played … several roles in telecommunications: owner-operator, regulator, facilitator, and stopgap for private sector deficiencies …

-oriented issue of why a large number of efficient firms disappeared during mass privatization in a booming economy of Montenegro …. Econometrically, we present the first study to look at firms that disappeared during a mass privatization transition, improving upon … remaining in samples when estimating the effects of privatization or other ownership changes. We also show that one needs to …

Cournot model that distinguishes two aspects of privatization interacting with market opening: privatization of a firm and … privatization of its competitors. Under plausible conditions, the model implies that privatizing a firm is a substitute for exposing …

1995. We focus on the two primary types of ownership change in Russia: the privatization of existing state …

it to the railroad, electricity, and telecommunications sectors in Russia, Lithuania, Romania, and Poland …

an overarching revised regulatory framework and legal enforcement to accelerate the speed of the privatization process …

policy towards a more active role of the state, and use privatization policy as an example. The authors examine the effects … of the privatization policy and point to a large unfinished agenda in ownership transformation that has had an adverse … the pace of privatization. They find out that it is the increasing capture of the state by rent-seeking groups, and not …