Library Catalog
Amazon cover image
Image from Amazon.com

Privatization in Eastern Europe : Is the State Withering Away? / Andrzej Rapaczynski, Roman Frydman.

By: Contributor(s): Material type: TextTextPublisher: Budapest ; New York : Central European University Press, [1994]Copyright date: ©1994Description: 1 online resource (239 p.)Content type:
Media type:
Carrier type:
ISBN:
  • 9789633864913
Subject(s): DDC classification:
  • 338.610947 20
LOC classification:
  • HD4140.7 .F785 1994
Other classification:
  • online - DeGruyter
Online resources:
Contents:
Frontmatter -- CONTENTS -- Preface and Acknowledgern.ents -- Foreword -- Introduction -- 1 Markets and Institutions in Large-Scale Privatization: An Approach to Economic and Social Transformation in Eastem Europe -- 2 Privatization and Corporate Govemance: Can a Market Economy Be Designed? -- 3 Evolution and Design in the East European Transition -- 4 Corporate Control and Financial Reform -- 5 Insiders and the State -- 6 Ambiguity of Privatization and the Paths of Transition to a Private Property Regime -- Bibliography -- Index
Summary: In Eastern Europe privatization is now a mass phenomenon. The authors propose a model of it by means of an illustration from the example of Poland, which envisages the free provision of shares in formerly public undertakings to employees and consumers, and the provision of corporate finance from foreign intermediaries. One danger that emerges is that of bureaucratization. On the broader canvas, mass privatization implies the reform of the whole system, the creation of a suitable economic infrastructure for a market economy and the institutions of corporate governance. The authors point out the need for a delicate balance between evolution - which may be too slow - and design - which brings the risk of more government involvement than it is able to manage. A chapter originating as a European Bank working paper explores the banking implications of setting up a totally new financial sector with interlocking classes of assets. The economic effects merge into politics as the role of the state is investigated. Teachers and graduate students of public/private sector economies, East European affairs; advisers to bankers or commercial companies with Eastern European interests.
Holdings
Item type Current library Call number URL Status Notes Barcode
eBook eBook Biblioteca "Angelicum" Pont. Univ. S.Tommaso d'Aquino Nuvola online online - DeGruyter (Browse shelf(Opens below)) Online access Not for loan (Accesso limitato) Accesso per gli utenti autorizzati / Access for authorized users (dgr)9789633864913

Frontmatter -- CONTENTS -- Preface and Acknowledgern.ents -- Foreword -- Introduction -- 1 Markets and Institutions in Large-Scale Privatization: An Approach to Economic and Social Transformation in Eastem Europe -- 2 Privatization and Corporate Govemance: Can a Market Economy Be Designed? -- 3 Evolution and Design in the East European Transition -- 4 Corporate Control and Financial Reform -- 5 Insiders and the State -- 6 Ambiguity of Privatization and the Paths of Transition to a Private Property Regime -- Bibliography -- Index

restricted access online access with authorization star

http://purl.org/coar/access_right/c_16ec

In Eastern Europe privatization is now a mass phenomenon. The authors propose a model of it by means of an illustration from the example of Poland, which envisages the free provision of shares in formerly public undertakings to employees and consumers, and the provision of corporate finance from foreign intermediaries. One danger that emerges is that of bureaucratization. On the broader canvas, mass privatization implies the reform of the whole system, the creation of a suitable economic infrastructure for a market economy and the institutions of corporate governance. The authors point out the need for a delicate balance between evolution - which may be too slow - and design - which brings the risk of more government involvement than it is able to manage. A chapter originating as a European Bank working paper explores the banking implications of setting up a totally new financial sector with interlocking classes of assets. The economic effects merge into politics as the role of the state is investigated. Teachers and graduate students of public/private sector economies, East European affairs; advisers to bankers or commercial companies with Eastern European interests.

Mode of access: Internet via World Wide Web.

In English.

Description based on online resource; title from PDF title page (publisher's Web site, viewed 28. Mrz 2023)