Property Rights and Privatization in the Transition to a Market Economy PDF Download
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Author: Renzo Daviddi
Publisher:
ISBN:
Category : Capitalism
Languages : en
Pages : 292
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Book Description
Primerjalni pregled izkušenj, metod privatizacije in njihove uporabe v nekaterih srednje- in vzhodnoevropskih državah ter v Rusiji, odkriva probleme in pomen prehajanja na tržno gospodarstvo, vlogo in naloge privatizacije v procesu makroekonomskega prilagajanja in prestrukturiranja, v katerem ima slednja nesporno politično prioriteto ter podporo novega političnega vodstva. Več dejavnikov zavira procese privatizacije, zato v mnogih postkomunističnih državah potekajo počasneje kot je bilo predvideno, zasebna dejavnost pa se bolj kot zaradi privatizacije državnega premoženja razvija zaradi odpiranja novih podjetij.
Author: Renzo Daviddi
Publisher:
ISBN:
Category : Capitalism
Languages : en
Pages : 292
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Book Description
Primerjalni pregled izkušenj, metod privatizacije in njihove uporabe v nekaterih srednje- in vzhodnoevropskih državah ter v Rusiji, odkriva probleme in pomen prehajanja na tržno gospodarstvo, vlogo in naloge privatizacije v procesu makroekonomskega prilagajanja in prestrukturiranja, v katerem ima slednja nesporno politično prioriteto ter podporo novega političnega vodstva. Več dejavnikov zavira procese privatizacije, zato v mnogih postkomunističnih državah potekajo počasneje kot je bilo predvideno, zasebna dejavnost pa se bolj kot zaradi privatizacije državnega premoženja razvija zaradi odpiranja novih podjetij.
Author: J.M. Van Brabant
Publisher: Springer Science & Business Media
ISBN: 9401128340
Category : Business & Economics
Languages : en
Pages : 343
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Book Description
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.
Author: Gregory S. Alexander
Publisher: Other
ISBN:
Category : Business & Economics
Languages : en
Pages : 372
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Book Description
Explores the transition to market economies in Eastern Europe, considered in the light of Western experiences of seeking a middle way between classical liberalism and state socialism.
Author: H. Engerer
Publisher: Springer
ISBN: 0230523005
Category : Business & Economics
Languages : en
Pages : 320
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Book Description
Hella Engerer analyses the emergence, evolution and theory of property rights and establishes the limits for privatization of state owned enterprises in the transitional economies of Eastern Europe. She counters the assumption that reduction of the state sector helps to create the basis for a private property system, showing that privatization actually presupposes a stable framework including property order. She makes use of an outstanding methodological approach, reaching well beyond the limits of pure economic observation. This is a major contribution to the understanding of the emerging economic order of Central and Eastern Europe.
Author: John S. Earle
Publisher: Burns & Oates
ISBN:
Category : Business & Economics
Languages : en
Pages : 240
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Book Description
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.
Author: Karla Ruth Hoff
Publisher: World Bank Publications
ISBN:
Category : Economia en transicion
Languages : en
Pages : 50
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Book Description
"How does the lack of legitimacy of property rights affect the dynamics of the creation of the rule of law? The authors investigate the demand for the rule of law in post-Communist economies after privatization under the assumption that theft is possible, that those who have "stolen" assets cannot be fully protected under a change in the legal regime towards rule of law, and that the number of agents with control rights over assets is large. They show that a demand for broadly beneficial legal reform may not emerge because the expectation of weak legal institutions increases the expected relative return to stripping assets, and strippers may gain from a weak and corrupt state. The outcome can be inefficient even from the narrow perspective of the asset-strippers."
Author: Renzo Daviddi
Publisher:
ISBN:
Category : Capitalism
Languages : en
Pages : 56
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Book Description
Author: Mr.Dimitri G. Demekas
Publisher: International Monetary Fund
ISBN: 1451850247
Category : Business & Economics
Languages : en
Pages : 56
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Book Description
With the start of the process of its transition to a market economy in early 1990, Romania joined the ranks of other reforming Eastern European countries. At the starting point of its reform program, however, Romania was in a deep economic and institutional crisis and had no experience in even modest attempts to reform its economy. This paper outlines the main characteristics of the Romanian economic system before the reform, and presents the evolution of the reform program, as well as its achievements in the first year or so since it was launched.
Author: Serguey Braguinsky
Publisher: Princeton University Press
ISBN: 0691225362
Category : Business & Economics
Languages : en
Pages : 295
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Book Description
Here, for the first time, two of Russia's leading economists provide an authoritative analysis of the transition to a democratic market economy that has taken place in Russia since 1990. Serguey Braguinsky, a Russian economist with extensive international experience, and Grigory Yavlinsky, leader of the liberal "Yabloko" party and a major public figure in Russia, focus on the institutions that are critical to a successful transition and the economic incentives needed to make these institutions work. Finally, they discuss in detail the specific components of the economic processes that are necessary for economic transition in general and they draw lessons that can be applied to other nations dealing with similar transitions. In 1989, Grigory Yavlinsky became a member of the Commission for Economic Reform and wrote the groundbreaking "500 Day Plan," which outlined the first program of transition to a market economy. Two years later, he co-wrote the program of strategic cooperation between the Soviet government and the West (known as the "Grand Bargain"). Here he and Serguey Braguinsky examine what went wrong with the Russian plan--and what is needed to put the economy back on the road to becoming a fully functioning market economy. The first section of the book presents a new interpretation of the political economy of the socialist state and the incentives and institutions that underpin it, with an emphasis on the present Russian situation. The second part deals with the political economy of "spontaneous transition" and the inefficiencies inherent in economies that lack the organizations and institutions that inhere in established Western democratic economies. In the final section, the authors present a program of actions to put the economic transition in Russia back on track, based on their assessment of the actual current state of both the economy and the government. Their approach is unique in emphasizing organizational evolution at the microeconomic level instead of stressing macroeconomic issues such as money and inflation that are at the heart of most arguments. This is a thoughtful and thought-provoking book and one that will be widely discussed and debated.
Author: Centre for Co-operation with European Economies in Transition
Publisher: Organisation for Economic Co-operation and Development ; Washington, D.C. : OECD Publications and Information Centre
ISBN:
Category : Business & Economics
Languages : en
Pages : 140
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Book Description
