Privatization processes in Eastern Europe : theoretical foundations and empirical results
Author(s)
Bibliographic Information
Privatization processes in Eastern Europe : theoretical foundations and empirical results
（Central issues in contemporary economic theory and policy）
Macmillan Press , St. Martin's Press in association with Rivista di politica economica, SIPI, and CEIS, University "Tor Vergata", 1993
- : uk
- : us
- Other Title
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Privatizzazioni nell'Est europeo
Available at 30 libraries
Note
Translation of: Privatizzazioni nell'Est europeo
Includes bibliographical references and index
Description and Table of Contents
Description
Privatising firms and liberalizing their market environment generates in Eastern Europe a variety of problems, many of which are not common to the analogous attempts in industries countries. A first difference between the two experiences resides in establishing the value of the firm or of the assets that are being privatized. A second main difference concerns the lack of the record of market performance for the firm. The book explores these open questions through an overview of on-going and proposed processes in Section 1. In Section 2 theoretical foundations of privatization processes are proposed with respect to the financial market, industrial relations and foreign trade. A final key question is faced in Section 3: 'is there any alternative to privatization?'
Table of Contents
- Introduction
- L.Paganetto - PART 1: AN OVERVIEW OF ON-GOING AND PROPOSED PROCESSES - Privatization Processes in Eastern Europe: Theoretical Foundations and Empirical Results
- L.Dini - Proposed Reforms of the Economic System of Information and Decision in the USSR: Commentary and Advice
- K.J.Arrow & E.S.Phelps - Privatization in Central Europe and the Soviet Union
- C.Boffito - Evolution and Design in the East European Transition
- R.Frydman & A.Rapaczynaki - Evolution and Design in Eastern European Transition: Comment
- R.Bonavoglia - PART 2: THEORETICAL FOUNDATIONS OF PRIVATIZATION PROCESSES: FINANCIAL MARKETS, INDUSTRIAL RELATIONS AND FOREIGN TRADE - Privatization and the Risk of Expropriation
- J.Vickers - Privatization and Competitive Behaviour: Endogenous Objectives, Efficiency and Growth
- L.Paganetto & P.L.Scandizzo - Some Theoretical Aspects of the Privatization: Applications to Eastern Europe
- J.E.Stiglitz - Is there an Option to the Denationalization of Eastern European Enterprises?
- B.Jossa - Foreign Trade, Foreign Direct Investments and Privatization in Eastern Europe
- D.Salvatore - PART 3: AN OVERALL EVALUATION OF PRIVATIZATION PROCESSES IN EASTERN EUROPE - How Not to Privatize
- M.L.Weitzman - Concluding Remarks
- E.S.Phelps
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