provides empirical illustrations of this burgeoning phenomenon from the fields of unconventional monetary policy, privatization …

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 …

We analyze the extent of the integrated control of the state over privatized firms during the post-privatization decade …