Intro -- Contents -- Preface -- Introduction -- Political Control of Economic Activity -- Paths to Efficient Ownership -- The Russian Privatization Program -- Results of Russian rivatization -- From Privatization to Restructuring -- Conclusion -- Index.

We use a survey of 452 Russian shops, most of which were privatized between 1992 and 1993, to measure the importance of alternative channels through which privatization promotes restructuring. Restructuring is measured as capital renovation, change in suppliers, increase in hours that stores...