Privatization in Ukraine: Challenges of Assessment and Coverage in Fund Conditionality
IMF Policy Discussion Papers, May 1, 2002
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- Privatization in Ukraine: Challenges of Assessment and Coverage in Fund Conditionality
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Bibliographic details
- Authors: Katrin Elborgh-Woytek, Mark W Lewis
- Published: May 1, 2002
- Series: IMF Policy Discussion Papers
- DOI: https://doi.org/10.5089/9781451971620.003
Overview and scope
- Authors: Katrin Elborgh-Woytek, Mark W Lewis
- Publication date: May 1, 2002
- Series: Policy Discussion Paper No. 2002/007
- Issue: 007; Volume: 2002; Pages: 23
- DOI: https://doi.org/10.5089/9781451971620.003
- Stock No: PPIEA0072002
- ISBN: 9781451971620
- ISSN: 1564-5193
- Summary statement from the paper: The paper examines the recent privatization experience in Ukraine in the context of the streamlining of Fund structural conditionality, with a particular focus on the shift from privatization-related conditionality based on quantitative targets to conditionality aimed at strengthening privatization procedures, how this shift was managed in Ukraine, challenges of applying conditionality to privatization procedures, and implications for country ownership.
Key findings and analysis
- Shift in conditionality approach:
- The Fund shifted from privatization-related conditionality based on quantitative targets to conditionality aimed at strengthening privatization procedures.
- The paper examines how this procedural focus was implemented in Ukraine.
- Challenges identified:
- Difficulties in applying conditionality to privatization procedures.
- Implications for country ownership arising from the change in conditionality design.
- Thematic coverage:
- Economic sectors and financial markets implications of privatization.
- Issues related to public enterprises and stock markets in transition economies.
- Case-specific reference to telecommunications firm Ukrtelecom as part of Ukraine’s privatization experience.
Policy implications and recommendations (as framed by the paper)
- Emphasize strengthening privatization procedures rather than relying solely on quantitative privatization targets.
- Consideration of country ownership implications when designing and applying Fund conditionality on privatization.
- Need to address procedural challenges to make conditionality on privatization effective in practice.
Subjects and keywords
- Subject: Economic sectors, Financial markets, Privatization, Public enterprises, Stock markets
- Keywords: Eastern Europe, enterprise, enterprise restructuring, government, PDP, privatization, privatization conditionality, privatization procedure, privatization program, Public enterprises, Stock markets, telecommunications firm Ukrtelecom, transition
Source: IMF Policy Discussion Paper "Privatization in Ukraine: Challenges of Assessment and Coverage in Fund Conditionality", Katrin Elborgh-Woytek and Mark W Lewis, May 1, 2002; Policy Discussion Paper No. 2002/007; DOI: https://doi.org/10.5089/9781451971620.003.
Content in this bundle
- Privatization in Ukraine: Challenges of Assessment and Coverage in Fund Conditionality - PDP/02/7