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Contrary to expectations and announcements of policy makers in transition economies, privatization has taken longer … privatization and thus transition from a centrally planned to a market economy. Part I describes the command economy legacy … presents preliminary results from Poland's privatization experience. Part III identifies the anticipated and unanticipated …
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The present paper aims to provide some new evidence on how the insiders, i.e. employees of portfolio companies, view the Polish mass privatisation scheme. Based on two inquiries conducted in selected NIF firms in 1996 and 1998, it simultaneously offers a comparative analysis of the changes in...
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The aim of the present paper is to discuss the role of the Mass Privatization Programme (MPP) in Poland, as a vehicle …, as a novel way of effective privatization of firms involved coupled with their overhaul and in-depth restructuring …. Unlike similar mass privatization schemes in other transition economies (e.g. Russia, Czech Republic or Slovakia) the Polish …
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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 …
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