Privatisation And Its Limits In Central And Eastern Europe

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Privatisation and Its Limits in Central and Eastern Europe

Author : H. Engerer
Publisher : Springer
Page : 320 pages
File Size : 50,8 Mb
Release : 2001-06-18
Category : Business & Economics
ISBN : 9780230523005

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Privatisation and Its Limits in Central and Eastern Europe by H. Engerer Pdf

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.

Privatisation and Its Limits in Central and Eastern Europe

Author : Anonim
Publisher : Unknown
Page : 128 pages
File Size : 49,7 Mb
Release : 2001
Category : Electronic
ISBN : 1349412589

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Privatisation and Its Limits in Central and Eastern Europe by Anonim Pdf

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.

Legal Aspects of Privatisation

Author : Bulent Seven
Publisher : Universal-Publishers
Page : 456 pages
File Size : 50,5 Mb
Release : 2002
Category : Business & Economics
ISBN : 9781581121742

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Legal Aspects of Privatisation by Bulent Seven Pdf

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

Author : June G. Hopps,Demetrius S. Iatridis
Publisher : Bloomsbury Publishing USA
Page : 224 pages
File Size : 41,7 Mb
Release : 1998-08-27
Category : Education
ISBN : 9780313022258

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Privatization in Central and Eastern Europe by June G. Hopps,Demetrius S. Iatridis Pdf

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.

The Politics of Greed

Author : Andrew Harrison Schwartz
Publisher : Rowman & Littlefield Publishers
Page : 379 pages
File Size : 41,9 Mb
Release : 2006-10-12
Category : History
ISBN : 9781461645153

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The Politics of Greed by Andrew Harrison Schwartz Pdf

With the dissolution of the Soviet Empire, it seemed that market capitalism had triumphed and that democracy might replace authoritarian regimes. Economic reformers in the former Eastern Bloc rushed to liberalize prices and transfer state assets to private hands. They assumed that private owners in a market setting would have no choice but to behave rationally—that is, to invest in restructuring privatized enterprises so as to maximize profits. They also assumed that these owners would perceive a stable institutional environment as conducive to economic success and thus become a powerful lobby in favor of the rule of law, paving the way for democracy. The post-communist reality turned out to be very different. Private owners found that in a weak state with limited laws and regulations and ineffective corporate governance structures, it was more lucrative to steal enterprise assets and exploit opportunities for arbitrage than to restructure enterprises. The lesson learned is that not all forms of private ownership are the same. As this book's in-depth political history of privatization in Central and Eastern Europe demonstrates, 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 political transition analysis. Engaging and important, The Politics of Greed 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, Liberalization, and Destruction

Author : László Csaba
Publisher : Dartmouth Publishing Company
Page : 328 pages
File Size : 55,7 Mb
Release : 1994
Category : Business & Economics
ISBN : UCSC:32106010482203

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Privatization, Liberalization, and Destruction by László Csaba Pdf

The volume is a selection of papers devoted to key issues of economic transformation; privatization, liberalization, the role of the financial sector and external economic relations. The interplay of these four areas of transition strategy forms the backbone of the collection.

Privatization in Central and Eastern Europe

Author : Saul Estrin
Publisher : Addison-Wesley Longman Limited
Page : 331 pages
File Size : 50,9 Mb
Release : 1994
Category : Business & Economics
ISBN : 0582227658

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Privatization in Central and Eastern Europe by Saul Estrin Pdf

This book provides an unrivalled overview of the privatisation issue within the region. Organised into two parts: the first discusses conceptual issues including the theoretical, political, and financial aspects; whilst the second looks specifically at the experiences within central and eastern European countries. Countries covered include: former GDR; Poland; former Czechoslovakia; Hungary; Russia; Romania and Bulgaria. This broad based overview pulls together much of the current thinking, debate and issues concerned with privatisation within this increasingly important area of Europe.

Privatizing Eastern Europe

Author : Jozef M. van Brabant
Publisher : Springer Science & Business Media
Page : 352 pages
File Size : 43,7 Mb
Release : 1992
Category : Business & Economics
ISBN : UOM:39015029159426

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Privatizing Eastern Europe by Jozef M. van Brabant Pdf

With the revolutions in Eastern Europe since mid-1989, two main transformations are envisaged: pluralistic political democracy and a market economy based largely on private property and self-interest. One element that straddles those two objectives is what to do with state-owned property during the transition from a planned to a market environment.

Employee Ownership in Privatization

Author : Felix FitzRoy
Publisher : Unknown
Page : 60 pages
File Size : 40,8 Mb
Release : 1998
Category : Employee ownership
ISBN : CORNELL:31924082784814

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Employee Ownership in Privatization by Felix FitzRoy Pdf

Based on empirical evidence, examines experiences of employee ownership within the context of privatization legislation and its diffusion and implementation problems in 14 transitional economies. Presents some of the weaknesses of privatization and identifies possible improvements such as the use of employee ownership in combination with other privatization methods.

Privatization in Eastern Europe

Author : Roman Frydman,Andrzej Rapaczynski
Publisher : Unknown
Page : 246 pages
File Size : 53,6 Mb
Release : 1994
Category : Business & Economics
ISBN : UCSC:32106018777877

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Privatization in Eastern Europe by Roman Frydman,Andrzej Rapaczynski Pdf

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.

Privatization in Competitive Sectors

Author : Sunita Kikeri,John R. Nellis
Publisher : World Bank Publications
Page : 60 pages
File Size : 49,5 Mb
Release : 2002
Category : Privatizacion
ISBN : 8210379456XXX

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Privatization in Competitive Sectors by Sunita Kikeri,John R. Nellis Pdf

The Transformation of Property Regimes and Transitional Justice in Central Eastern Europe

Author : Liviu Damşa
Publisher : Springer
Page : 311 pages
File Size : 51,7 Mb
Release : 2017-01-03
Category : Law
ISBN : 9783319485300

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The Transformation of Property Regimes and Transitional Justice in Central Eastern Europe by Liviu Damşa Pdf

This volume examines the property transformations in post-communist Central Eastern Europe (CEE) and focuses on the role of restitution and privatisation in such transformations. It argues that the theorisation of ‘restitution’ in post-communist CEE is incomplete in the transitional justice scholarship and in the literature on correction of historical wrongs. The book also argues that, for a more complete theorisation of (post-communist) restitution, the transformations of property in post-communist societies ought to be studied in a more holistic way. The main legal vehicles used for such transformations, privatisation and restitution, should not be studied separately and in abstract, but in their reciprocal relationship, and in connection to the dimension of justice which each could achieve. Finally, the book integrates ‘privatisation’ in a theory of post-communist transformation of property.