Proposals for Privatization in Eastern Europe
April 1, 1991
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Summary
This paper discusses several proposals for a wholesale privatization of public enterprises in Eastern Europe. These proposals include the distribution of ”vouchers” to private citizens as well as the use of mutual funds, privatization companies and other forms of financial intermediaries. The paper analyzes the implications for economic efficiency of the different forms of ownership and control that would emerge from the proposals as well as their main macroeconomic consequences.
Subject: Economic sectors, Financial institutions, Mutual funds, Nonbank financial institutions, Privatization, Public enterprises, Stocks
Keywords: control problem, Eastern Europe, enterprise management, joint stock, Mutual funds, Nonbank financial institutions, Privatization, privatization company, privatized enterprise, Public enterprises, Stocks, supervision system, WP
Pages:
28
Volume:
1991
DOI:
Issue:
036
Series:
Working Paper No. 1991/036
Stock No:
WPIEA0361991
ISBN:
9781451977905
ISSN:
1018-5941
Notes
Also published in Staff Papers, Vol. 38, No. 2, June 1991.
