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 …

This paper delves further into the link between residual government ownership and corporate investment efficiency in … lower level of investment efficiency. The finding suggests that government ownership is less beneficial in privatized firms …. The paper has important implications for policymakers in supporting privatization policy and in designing a framework to …

from transition economies to investigate the effects of large-scale privatization and the barriers to the establishment of … new firms. It finds that large-scale privatization positively affects the formation of new firm, but such effects … disappear as the costs of start-up increase. These results imply that both privatization and favorable business environments are …