We analyze the effect of ownership on post-privatization performance in a virtually complete population of medium and … large firms privatized in a model large-scale privatization economy (Czech Republic). We reject the hypothesis that domestic …

Eastern German privatization and restructuring of firms is seen as a special case because of the peculiarities of … and organization, the extent and the speed of privatization, it had to take into account politico-economic repercussions … privatization is only in a limited way a special case and therefore some lessons can be drawn for other transition countries. …

This paper investigates the role of structural reforms – privatization, financial reform and trade liberalization– as … financial liberalization and privatization. These results are robust to different measures of reforms, split samples, and …

Why do some countries adopt market-oriented reforms such as deregulation, privatization and liberalization of …

principal targets of reforms, among SOEs, and better performing enterprises being more likely to be picked for privatization … better than those in which the majority of shares are owned privately. We find mixed evidence for the TVEs: privatization had …

mass privatization program) creates severe supply-and-demand shocks for enterprises, inducing firm failure. This leads to a …

gained production shares. This study finds evidence that the increasing privatization explains the improved performance of …