move inexorably from centrally planned economies toward market economies. This historic transition must be guided by a … coherent set of stabilization policies to reduce the threat of macroeconomic collapse and the threat of inflation. As a … precursor to price liberalization, private property rights must be created, distributed and credibly enforced in order to ensure …

The transition from a planned to a market oriented economy requires a complex amalgam of stabilization, liberalization … and privatization policies. This paper outlines a combination of policies believed to be necessary, if not sufficient to … safety for citizens during the transition process. Reference: Challenge, May/June 1990, pp. 46-53 …

sequence of institutional, macroeconomic and monetary reform aimed at achieving a stable transition. An egalitarian … reforms if the transition process is to achive the goals of efficiency and equity. The paper is to be published in the Cato …

In earlier papers on “Socialist privatization” Feige proposed a sequential set of stabilization, privatization and … liberalization policies designed to provide the necessary, albeit not sufficient conditions, for a transition from a planned to a … composed of “citizen shares” to cushion the disruptions and lessen the hardships of the transition process. This paper …

liberalization of prices and foreign trade. (Privatization here is defined rather narrowly as the transfer of existing assets from …This paper considers the Russian privatization process through the end of voucher privatization and examines how its … impossible due to the dearth of reliable data, it is feasible to analyze the institutional features of Russian privatization in …

This paper provides an in depth analysis of Russia’s recent growth, with a view to understanding the prospects for its … macroeconomic environment conducive to strong growth. Looking forward, it is argued that - given its economic structure - Russia is …

environment in Russia supports competition and to draw attention to the areas where further reform efforts would pay dividends …. The indicators show that, despite improvements in some areas, many aspects of Russia’s regulatory framework are still … practice. In particular, the scores suggest that Russia’s economic performance would greatly benefit from a reduction in the …

The paper considers the Russian privatization process and examines how its deviation from the competitive sale standard … was likely to affect wealth inequality. (Privatization here is defined narrowly as the transfer of existing assets from … is feasible to analyze the institutional features of Russian privatization in terms of their effect on redistribution of …