Privatization Processes in Eastern Europe: Theoretical Foundations and Empirical Results

Privatization Processes in Eastern Europe: Theoretical Foundations and Empirical Results

by Mario Baldassarri
     
 

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Privatising firms and liberalizing their market environment generates in Eastern Europe a variety of problems, many of which are not common to the analogous attempts in industries countries. A first difference between the two experiences resides in establishing the value of the firm or of the assets that are being privatized. A second main difference concerns the lack

Overview

Privatising firms and liberalizing their market environment generates in Eastern Europe a variety of problems, many of which are not common to the analogous attempts in industries countries. A first difference between the two experiences resides in establishing the value of the firm or of the assets that are being privatized. A second main difference concerns the lack of the record of market performance for the firm. The book explores these open questions through an overview of on-going and proposed processes in Section 1. In Section 2 theoretical foundations of privatization processes are proposed with respect to the financial market, industrial relations and foreign trade. A final key question is faced in Section 3: 'is there any alternative to privatization?'

Editorial Reviews

Booknews
A dozen papers from the third Villa Mondragone Conference organized by the University of Rome discuss the ongoing and proposed processes of privatization in Eastern Europe; the theoretical foundations of privatization with respect to the financial market, industrial relations, and foreign trade; and the degree of success so far. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Product Details

ISBN-13:
9780312100742
Publisher:
Palgrave Macmillan UK
Publication date:
11/02/1993
Series:
Central Issues in Contemporary Economic Theory and Policy Series
Edition description:
1993
Pages:
282
Product dimensions:
6.10(w) x 9.25(h) x 0.04(d)

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