Privatization and Its Limits in Central and Eastern Europe

Privatization and Its Limits in Central and Eastern Europe PDF Author: Hella Engerer
Publisher: Studies in Economic Transition
ISBN:
Category : Business & Economics
Languages : en
Pages : 350

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Book Description
Hella Engerer analyzes 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 presupposes a stable framework for property. This is a major contribution to the understanding of the emerging economic order of Central and Eastern Europe.

Privatisation and Its Limits in Central and Eastern Europe

Privatisation and Its Limits in Central and Eastern Europe PDF 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.

Privatization and Its Limits in Central and Eastern Europe

Privatization and Its Limits in Central and Eastern Europe PDF Author: Hella Engerer
Publisher: Studies in Economic Transition
ISBN:
Category : Business & Economics
Languages : en
Pages : 350

Get Book

Book Description
Hella Engerer analyzes 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 presupposes a stable framework for property. This is a major contribution to the understanding of the emerging economic order of Central and Eastern Europe.

Privatisation and Its Limits in Central and Eastern Europe

Privatisation and Its Limits in Central and Eastern Europe PDF Author:
Publisher:
ISBN: 9781349412587
Category :
Languages : en
Pages :

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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.

Nation and Citizenship in the Global Age

Nation and Citizenship in the Global Age PDF Author: R. Münch
Publisher: Palgrave Macmillan
ISBN: 9780333945520
Category : Social Science
Languages : en
Pages : 247

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Book Description
This book is about the formation of nationhood and citizenship and their transformation in the global age. The different collective identities which evolved, affected particularly by immigration, in Britain, France, the United States and Germany are outlined in a historical, genetic and comparative perspective with special emphasis on the case of Germany. It looks at the question of transnational civil ties and the identities which emerge during the process of European integration and how they relate to national and sub-national identities.

Privatization in Eastern Europe

Privatization in Eastern Europe PDF Author: Roman Frydman
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 246

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Book Description
The creation of new economic and legal mechanisms to replace the fallen communist systems of Eastern Europe must surely count as one of the greatest organizational challenges of this century, and economists and politicians alike are constantly grappling with the enormity of the transformation to be achieved. In this volume, the authors give an in depth explanation of their now widely adopted approach to 'privatizing privatization' and chart the evolution of their thinking, particularly in reaction to real events and prevailing conditions. Expanding on the theme of transferring ownership to the private sector through a system of free vouchers and independent intermediaries, Professors Frydman and Rapaczynski address the dangers of bureaucratization and the delicate balance between the evolutionary elements and imposed regulations that must be achieved to make the transition a success. The perfect companion volume to The Privatization Process in Central Europe, this collection of essays provides a brilliant explanation of the most widely accepted theory of privatization in Eastern Europe today.

Legal Aspects of Privatisation

Legal Aspects of Privatisation PDF Author: Bulent Seven
Publisher: Universal-Publishers
ISBN: 1581121741
Category : Business & Economics
Languages : en
Pages : 456

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Book Description
The main aims of this thesis are as follows:(a) To present a comprehensive analysis of the concept of privatisation its origins and limits, (b) To identify the legal and institutional framework for privatisation in different European countries from a comparative perspective; (c) To define and analyse particularly legal issues which arise during the privatisation transactions: e.g. labour law, competition law etc.; (d) To evaluate which features of the successful legal and organisational framework of privatisation have been successful so as to provide guidelines for those individuals and organisations participating in the privatisation exercises.This work found out that there is no simple, internationally applicable recipe for privatisation; various legal methods and techniques can be used to privatise state owned enterprises. Because each country has different circumstances, it is impossible to provide a unique model for privatisation; each country needs to design its own model according to its circumstances.Privatisation is an essential but insufficient element for structural economic reform in the economy and society. Privatisation is not a panacea, it is not the solution to every economic and administrative problem; selling an enterprise to the private sector does not mean an end to all problems. Also privatisation is not an overnight process or a magic touch; it will be a lengthy process. Furthermore, a decision that something can be privatised does not mean that it should be privatised.In that context, privatisation is not good or bad; it is an economic and social instrument. If it is well designed it may bring substantial benefits to the economy and society.In many countries, many state owned enterprises, particularly the ones which are financially weak, have still not been privatised. This finding revealed that the privatisation process will be in the political and economic agenda for at least few more decades.

Privatization in Central and Eastern Europe

Privatization in Central and Eastern Europe PDF Author: June G. Hopps
Publisher: Bloomsbury Publishing USA
ISBN: 0313022259
Category : Education
Languages : en
Pages : 224

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Book Description
Central and Eastern European countries are facing the transition from central to market systems with different strategies and capacities. As the task of societal transformation is without precedent in world history, the massive economic restructuring has revealed the need for distributive justice and general well-being. As the editors and contributors to this volume point out, the monolithic preoccupation with economic restructuring in a market economics framework is implemented at the expense of social protection and security. In contrast to traditional views of privatization as only an economic or managerial phenomenon, this collection approaches privatization as a broader integrated process of societal transformation. Privatization as defined here consists of integrated processes of societal restructuring that affect sociopolitical, economic, and ideological constructs as well as human and physical capital development, transformation of family structures, market stabilization, and organization of social care. Public policymakers as well as scholars and researchers of contemporary Eastern Europe will find this collection of great interest, and an important challenge to the economic models of privatization which undervalue social costs.

Privatization in Eastern Europe

Privatization in Eastern Europe PDF Author: Roman Frydman
Publisher: Central European University Press
ISBN: 9633864917
Category : Business & Economics
Languages : en
Pages : 239

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Book Description
In Eastern Europe privatization is now a mass phenomenon. The authors propose a model of it by means of an illustration from the example of Poland, which envisages the free provision of shares in formerly public undertakings to employees and consumers, and the provision of corporate finance from foreign intermediaries. One danger that emerges is that of bureaucratization. On the broader canvas, mass privatization implies the reform of the whole system, the creation of a suitable economic infrastructure for a market economy and the institutions of corporate governance. The authors point out the need for a delicate balance between evolution - which may be too slow - and design - which brings the risk of more government involvement than it is able to manage. A chapter originating as a European Bank working paper explores the banking implications of setting up a totally new financial sector with interlocking classes of assets. The economic effects merge into politics as the role of the state is investigated. Teachers and graduate students of public/private sector economies, East European affairs; advisers to bankers or commercial companies with Eastern European interests.

The Politics of Greed

The Politics of Greed PDF Author: Andrew Harrison Schwartz
Publisher: Rowman & Littlefield Publishers
ISBN: 1461645158
Category : History
Languages : en
Pages : 379

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Book Description
An in-depth political history of privatization in Central and Eastern Europe, The Politics of Greed demonstrates that the way that assets are privatized matters, both with respect to national economic performance and the successful development of the rule of law. Andrew Harrison Schwartz had unprecedented access to high-level Czech government officials during the Czech Republic's privatization process. This book is the result of the unique insights he gained and the innovative analytical framework he subsequently developed—ownership regime theory—which for the first time places ownership structures at the center of analysis of political transitions. Engaging and important, this book applies ownership regime theory to a broad range of post-communist privatization cases, including those of the Czech Republic, Poland, Hungary, Russia, and Ukraine.

Privatization and Economic Performance in Central and Eastern Europe

Privatization and Economic Performance in Central and Eastern Europe PDF Author: European Association for Comparative Economic Studies
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 424

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Book Description
Provides analysis of the impact of privatization on the economic performance of companies in Central and Eastern Europe. After considering theoretical issues, contributors provide an in-depth examination of corporate governance and company performance in advanced market and transition economies. A statistical and econometric analysis of extensive company-level data and interviews from a large number of firms between 1990 and 1997 is conducted to discover major factors in changing economic performance. The editor is affiliated with the Hungarian Academy of Sciences. Annotation copyrighted by Book News, Inc., Portland, OR