equilibrium is rapid. The relationship between FDI and the privatization process is complex. Non-direct privatization schemes … negatively affect the speed of adjustment, whereas direct privatization strategies positively affect the equilibrium itself …. Privatization history increases equilibrium FDI stocks, independently of the method applied …

and massive privatization could well explain the phenomenon, and that the government's efforts to eliminate the arrears …

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 …