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Privatization And Restructuring In An Economy In Transition From Central Planning To A Market Economy
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Book Synopsis Privatization and Restructuring in an Economy in Transition from Central Planning to a Market Economy by : Josef Kotrba
Download or read book Privatization and Restructuring in an Economy in Transition from Central Planning to a Market Economy written by Josef Kotrba and published by . This book was released on 1996 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Privatization in Transition Economies by : Ira W. Lieberman
Download or read book Privatization in Transition Economies written by Ira W. Lieberman and published by Elsevier. This book was released on 2008 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation.
Book Synopsis Transition to the Market Economy by : P. G. Hare
Download or read book Transition to the Market Economy written by P. G. Hare and published by Taylor & Francis. This book was released on 1997 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Privatizing Eastern Europe by : J.M. Van Brabant
Download or read book Privatizing Eastern Europe written by J.M. Van Brabant and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is meant to be a modest contribution to the ongoing debate about the transitions away from the administrative planning environment typical of the former communist regimes. The central subject matter is a fairly special one, namely the privatization of these economies together with the restoration and effective monitoring of property rights. These are paramount tasks of the ongoing transformations once progress toward pOlitical democracy is secured. Though I would not allot divestment of existing state-owned assets the kind of pivotal importance that some observers reserve for it, changing rules on the utilization of these assets is evidently at the core of what the transition toward market-based economic systems should be all about. Rather than examining the entire range of issues that surround the controvery on privatization, this volume is primarily concerned with the economics of taking the state out of the decision making about existing assets. Among the several aspects of this discussion three stand out. One is the establishment of clear property rights. This is fundamental to minimize trans action costs in an environment where decisions will increasingly be taken by independent economic agents acting on their own account. Second, I look only incidentally at the various angles of creating capital markets, particularly for existing assets, in these economies.
Book Synopsis Privatization in the Transition to a Market Economy by : Renzo Daviddi
Download or read book Privatization in the Transition to a Market Economy written by Renzo Daviddi and published by . This book was released on 1994 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Transition and Beyond by : S. Estrin
Download or read book Transition and Beyond written by S. Estrin and published by Springer. This book was released on 2007-08-10 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers a wide variety of aspects of transition in Central and Southeast Europe and the CIS, including the socialist legacy, privatization and growth, skills, and banking reforms. It also covers the evolution of the global economy beyond transition, looking at complexity, risk management, the optimal transition path, and globalization.
Book Synopsis The Strategy of Reform in the Previously Centrally-Planned Economies of Eastern Europe by : Mr.Eduardo Borensztein
Download or read book The Strategy of Reform in the Previously Centrally-Planned Economies of Eastern Europe written by Mr.Eduardo Borensztein and published by International Monetary Fund. This book was released on 1993-03-01 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes some of the lessons that can be drawn from the experience of Eastern Europe in the process of transition to a market economy that is under way, and examines some key challenges currently facing policymakers in these economies. The paper studies the constraints affecting the general strategy of reform--rapid versus gradual--that was adopted, and the output decline initially experienced and its effect on medium-term growth perspectives. The paper also discusses the implementation of mass privatization schemes, and the type and extent of government intervention in the restructuring process. This is a Paper on Policy Analysis and Assessment and the author(s) would welcome any comments on the present text. Citations should refer to a Paper on Policy Analysis and Assessment of the International Monetary Fund, mentioning the authors) and the date of issuance. The views expressed are those of the author(s) and do not necessarily represent those of the Fund.
Book Synopsis Privatization, Corporate Governance and the Emergence of Markets by : E. Rosenbaum
Download or read book Privatization, Corporate Governance and the Emergence of Markets written by E. Rosenbaum and published by Springer. This book was released on 2000-03-23 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: The volume focuses on privatisation in transition countries, addressing issues ranging from corporate governance to the relationship between privatisation and the emergence of markets, from a multi-disciplinary perspective. The contributors investigate both the theoretical groundwork of privatisation and enterprise restructuring as well as recent empirical evidence. The contributions show that changes in ownership titles are but one part of the story, being closely interwoven as they are with the transformation of corporate governance, enterprise restructuring, network transformation and the emergence of markets.
Book Synopsis Government and Markets by : H.J. Blommestein
Download or read book Government and Markets written by H.J. Blommestein and published by Springer Science & Business Media. This book was released on 2013-04-18 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Government and Markets is the first book to tackle systematically and in a multidisciplinary fashion the role of democratic governments during and after the transition from plan to market. The role of governments during the transformation is important for eliminating the obstacles and putting into place the conditions for the emergence of a viable market economy. Moreover, governments need to play a key role in establishing a political-legal order that promotes political liberties and economic freedom. In contrast to other literature on the transformation process in formerly planned systems, this volume focuses also on the creation of autonomous and accountable governments as part of the liberal economic order. Finally, the volume analyzes the role of the legal state in creating a competitive market economy. Government and Markets addresses itself to scholars, politicians policy makers interested in the establishment of a democratic, competitive order in formerly planned political economic systems.
Book Synopsis The Privatization Process in East-Central Europe by : Michal Mejstrík
Download or read book The Privatization Process in East-Central Europe written by Michal Mejstrík and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is beyond any doubt that East-Central European countries such as Czech Republic, Hungary, Poland and Slovakia has dramatically changed its shape through its radical transition from centrally planned to the market economies in last 7 years. Many economists divide the process of economic transformation into areas of Stabilization, Liberalization, and Privatization/Restructuring. The traditional view is that stabilization and liberalization can be achieved rather quickly-by balancing budgets, balance of payments, tightening money supply, freeing prices and liberalizing trade-but that the area of privatization is one that could be moved to the future and will require much more time. Until 1991, none of the post-communist nations except former East Germany (which had a large decree of support from West Germany) had succeeded in privatizing large numbers of enterprises, even though more than two years had passed since the changes in government in these nations. The privatization has been, however, seen as an extremely important part of reform package together with stabilization and liberalization especially in the Czech Republic from the very beginning. The Czechs originally as a part of the Czechoslovak Federal Republic embarked on an unprecedented path that should have lead not only to stabilization and liberalization, but also to very rapid, mass privatization of its sector of large enterprises that have dominated its economy to an extreme extent.
Download or read book Going to Market written by Manuel Hinds and published by World Bank Publications. This book was released on 1991 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Insights into the major task of privatization facing Eastern European countries: about the key decisions to be made and about such important issues as whether to sell state enterprises or give them away (and to whom and in what sequence).
Book Synopsis Privatization in Transition Countries: Lessons From the First Decade by : Oleh Havrylyshyn
Download or read book Privatization in Transition Countries: Lessons From the First Decade written by Oleh Havrylyshyn and published by International Monetary Fund. This book was released on 1999-09-06 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors' view is that any privatisation is better than none, regardless of whether a stable, competitive environment has been established first. However, private companies started from scratch perform best, followed by newly privatised firms run by outsiders, either local or foreign. Privatised companies dominated by insiders do less well, but even they regularly outperform state enterprises. Without an appropriate market environment though, managers may spend more time lobbying the government for support than undertaking painful restructuring measures.
Download or read book Going Global written by Padma Desai and published by MIT Press. This book was released on 1997 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: The transition of the former socialist and otherwise centrally planned economies into the world trading and financial system has become a major concern to both policymakers and social scientists. In this book experts from diverse economies address the principal issues raised by this transition. The chapters, which cover fourteen countries of East and Central Europe, the former Soviet Union, and Asia, are the result of a three-year research project. Although the contributors share a unity of design and analysis, each author focuses on the issues most relevant to the country or countries under discussion.In her introductory essay, project leader Padma Desai synthesizes the findings and cuts through recent analytical confusion over such issues as shock therapy versus gradualism. Rather than advocate the faster the better, she discusses the possible difficulty of sustaining rapid transition reforms and globalization in the face of rising unemployment.The countries discussed are the Czech Republic, Hungary, the German Democratic Republic (now eastern Germany), Poland, Estonia, Latvia, Lithuania, Finland, Russia, Kazakhstan, Uzbekistan, China, Vietnam, and India.Contributors : The Czech Republic, Josef C. Brada and A. M. Kutan. Hungary, Andras Blaho and Peter Gal. East Germany, Jürgen von Hagen. Poland, Stanislaw Wellisz. Lithuania, Latvia, and Estonia, Kalev Kukk. Finland, Urpo Kivikari. Russia, Padma Desai. Kazakhstan, Heiner Flassbeck, Lutz Hoffman, and Ludger Lindlar. Uzbekistan, Michael Connolly. China, Richard S. Eckaus. Vietnam, David Dollar and Borje Ljunggren. India, Manmohan Agarwal.
Book Synopsis Privatization in Transition Countries by : Mr.Oleh Havrylyshyn
Download or read book Privatization in Transition Countries written by Mr.Oleh Havrylyshyn and published by International Monetary Fund. This book was released on 1999-01-01 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews a selection of studies on privatization experiences in transition countries. Empirical studies almost invariably show privatized enterprises outperform state enterprises. Moreover, the literature identifies de novo firms as being clearly the best performers, followed by outsider-dominated firms, while insider-dominated firms are the least efficient among those newly privatized. The importance of de novo firms in enlarging the private sector in transition economies is reviewed, along with the question of whether privatization efforts support or hinder de novo private sector development. Finally, the paper discusses the importance of providing a suitable market environment for successful private-sector development.
Book Synopsis Privatization in the Transition to a Market Economy by : John S. Earle
Download or read book Privatization in the Transition to a Market Economy written by John S. Earle and published by Burns & Oates. This book was released on 1993 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Privatization policies are the centrepiece of the historically unique transformation of the centrally planned, into market economies. Yet the peculiarities of the privatization process in Eastern Europe are little understood in the West because of differences in historical, socio-political and economic contexts relative to Western experience. Most research on privatization in the West is rather theoretical and thus pays insufficient attention to these contexts, perhaps because their importance is not widely appreciated and because there has been little information about them available. Moreover, the significant differences among East European countries in contexts and in policies are not well-understood even within the region, again because of a lack of information.
Book Synopsis Privatization and Restructuring by : Mr.Dieter Bös
Download or read book Privatization and Restructuring written by Mr.Dieter Bös and published by International Monetary Fund. This book was released on 1996-09-01 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since an enterprise, which is to be privatized, has to be restructured in uncertainty, and the restructuring investments are sunk when the final decision on the sale price is taken, there is an imminent danger that restructuring is not efficient, and there is underinvestment. We consider, restructuring by the private buyer of the firm, by a government privatization agency, and by both. In the first two cases—one-sided restructuring—a first best can be achieved. In the case of both-sided restructuring, however, the first best cannot be reached if both parties engage in restructuring after signing the contract.
Book Synopsis The Romanian Economic Reform Program by : Mr.Dimitri G. Demekas
Download or read book The Romanian Economic Reform Program written by Mr.Dimitri G. Demekas and published by International Monetary Fund. This book was released on 1991-06-15 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper outlines the main characteristics and the development of the centrally planned economic sysetm in Romania before the beginnings of the transition to a market eonomy it then presents the design, objectives, and implementation of the reform program.
