Privatization in Transition Countries : A Sampling of the Literature /

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-d...

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Manylion Llyfryddiaeth
Prif Awdur: Havrylyshyn, Oleh
Awduron Eraill: McGettigan, Donal
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 1999.
Cyfres:IMF Working Papers; Working Paper ; No. 1999/006
Mynediad Ar-lein:Full text available on IMF
Disgrifiad
Crynodeb: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.
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Disgrifiad Corfforoll:1 online resource (44 pages)
Fformat:Mode of access: Internet
ISSN:1018-5941
Mynediad:Electronic access restricted to authorized BRAC University faculty, staff and students