An early review of the general phenomenon of the transition - privatization of profits of state enterprises - in the … case of Bulgaria, highlighting its impact on the pace of privatization and tax reform …

Investigating the effects of privatization in transition countries is the focus of a large body of current research …. Generally, privatization stimulates private sector development, attracts foreign direct investment, fosters competition and … contributes to the formation of stock markets. In addition, privatization may improve individual enterprises' performance. This …