ownership structures. Additionally, we find that privatization levels have had positive growth effects, while privatization …

Analyses of pension funding effects on economic growth need to differentiate between "carve-out" pension privatization … evidence that pension privatization in Latin America and Eastern Europe was associated with higher economic growth. The result … particularly unlikely in countries resorting to debt-financed privatization. Furthermore, we note the lack of positive pension …

1990 to 2003. The estimating equation is augmented with country- and time-specific variables for methods of privatization … and other factors potentially relevant to growth in transition economies. It is found that 'mass privatization' is … associated with faster growth, but the other privatization methods have no significant impact. The findings suggest that in the …