literature on privatization. Around 1989/90 the emphasis had been put on de-etatization and good corporate governance and little …). Today, it is clear that this is the name of the game. Without TNCs, privatization simply doesn't produce the expected … of manufacturing exports. It is argued that for resource-poor transition economies privatization to foreign strategic …

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 …

This paper discusses the most important theoretical contributions to the literature on privatization, focusing on … emerging economies, and gives a summary on recent research concerning the ways privatization might affect the development of … privatization and the reduction in social welfare and the possibility that the privatization process itself may have conflicting …

about privatization method, focusing on the choice between free distribution (so called ‘mass privatization’) and management … firms off its hands. Although mass privatization apparently conflicts with revenue maximization, we show that nonetheless it … privatization is more likely to be chosen if the government is politically weak. -- Privatization methods ; Transition economies …

-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 …

We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm … and domestic blockholders, but insider and mass privatization are also estimated to have positive, although smaller …

liberalization, privatization, and stabilization reforms. Theory predicts that decentralization may aggravate fiscal imbalances … over 19 years to address a central question of fact: Did privatization help to promote local governments' fiscal discipline …? The answer is clearly ‘no' for privatization considered in isolation. However, privatization and subnational fiscal …

methods taken to restructure the ownership of state firms, such as full versus partial privatization. For China, a state …-capitalist nation and the world's largest state sector under transition, the mix of state and private ownership -- partial privatization …