quality of management. While labor productivity increases after privatization, the ratio of permanent workers to temporary … workers also increases. Convergence depends to some degree on the quality of the institutions, namely, the rule of law. Not …

quantitative analysis of mass privatization programs in the postcommunist world. We argue that rapid large-scale privatization … back on the enterprise sector, as the state can no longer support the institutions necessary for the effective functioning … implementation of mass privatization programs negatively impacts measures of economic growth, state capacity and the security of …

restructuring, ownership,competition, budget constraints and, particularly, institutions in Russian industry, covering theperiod … privatization, rather weak competition, unexpectedly hardbudget constraints, an overwhelmingly negative and relatively positive … assessment of formal andinformal institutions respectively, and largely the same ruling networks as before the start of …

costs of state ownership and new insight into the corporate governance role of country-level institutions. Consistent with …. Moreover, we find that the strength of country-level institutions affects the relation between state ownership and the value of … with weaker institutions …