Privatization in Eastern Europe : A Critical Approach

By: Ivan Major

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Hardcover | 1 January 1993

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Hardcover
176 Pages

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22.86 x 15.24 x 1.27

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The task of turning the state owned assets of the Eastern European countries over to private ownership is one of the most challenging of our time, both intellectually and in practical terms.
Ivan Major's in-depth critique of the plans and programmes of the East European governments addresses the core issues of privatization from the perspective of both potential winners and losers. After discussing the analytical framework, he offers an assessment of the legacy of the command economy and includes individual country studies of Czechoslovakia, the former GDR, Hungary Poland and the former Soviet Union. The following chapters look at the theoretical, political and economic underpinning as well as assessment of the initial results of East European privatizations. Dr Major argues that the whole network of political regulation must be dismantled if an efficient market economy is to emerge.
Privatization in Easter Europe offers a critical analysis of the movement towards privatization in Eastern Europe as well as an authoritative assessment of the existing literature. This book will be welcomed by scholars and policy makers as an important source of analysis, argument and information.

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You Can Find This Book In

Non-Fiction Economics Political Economy Business & Management Ownership & Organisation of Enterprises Privitisation Earth Sciences, Geography, Environment, Planning Geography Human Geography Economic Geography Industry & Industrial Studies Politics & Government

Political Structure & Processes Central Government Central Government Policies International Economics Development Economics & Emerging Economies

List of Tables
Preface
Introduction: Analytical Framework	p. 1
The Legacy of the Command Economy	p. 7
State Ownership, 'Politburo Ownership' or 'Nomenklatura Ownership'?	p. 8
Economic Reforms and Ownership	p. 15
Political Regulation in a Command Economy and its Consequences for Privatization	p. 21
What is to be Privatized in Eastern Europe?	p. 23
Starting Conditions and Issues in the Economic Transformation	p. 41
The Reasons for Privatization	p. 48
Reasons for Privatization in the Western Literature	p. 51
Additional Reasons for Privatization in the East	p. 54
Plans and Realities of Privatization in Eastern Europe	p. 59
The Initial Framework of the Governments' Plans for Privatization	p. 60
Plans for Privatization	p. 63
The Initial Results of East European Privatizations	p. 111
Issues in Privatization and Restructuring	p. 131
From 'Nomenklatura Ownership' to Private Ownership via State Ownership?	p. 132
The Privatization Controversy: Why Privatize?	p. 138
The Pace and Methods of Privatization	p. 141
Privatization by Free Distribution: the Case of the Largest Enterprises	p. 143
Concluding Remarks	p. 152
Bibliography	p. 154
Index	p. 160
Table of Contents provided by Blackwell. All Rights Reserved.

Privatization in Eastern Europe : A Critical Approach

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