BURUIANA, Alina. Negative Phenomena of Transition and the Impact of Privatization. In Ekonomika firiem 2004 I. diel. Podnikovohospodarska fakulta v Kosiciach, 2004, p. 55-61, 148 pp. ISBN 80-225-1879-4.
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Basic information
Original name Negative Phenomena of Transition and the Impact of Privatization
Name (in English) Negative Phenomena of Transition and the Impact of Privatization
Authors BURUIANA, Alina.
Edition Ekonomika firiem 2004 I. diel, p. 55-61, 148 pp. 2004.
Publisher Podnikovohospodarska fakulta v Kosiciach
Other information
Type of outcome Proceedings paper
Confidentiality degree is not subject to a state or trade secret
Organization unit Rector's Office
ISBN 80-225-1879-4
Keywords in English transition; privatization speed; Czech Republic; Romania; budget constraint; interest groups; corruption; tunnelling; asset-stripping
Tags asset-stripping, budget constraint, corruption, Czech Republic, Interest Groups, privatization speed, Romania, transition, tunnelling
Changed by Changed by: Mgr. Alina Buruiana, učo 81408. Changed: 1/12/2004 19:42.
Abstract
Transferring ownership from the state to the private sector in Central and Eastern European countries was considered an essential step of transition towards the market economy. But negative phenomena, which accompanied privatization corruption, asset-stripping, oligarchic entrenchment, tunnelling, etc. proved that interest groups in these post-socialist countries strongly influenced and slowed down the process. This paper tries to analyse the impact of privatization and its speed connected with these negative phenomena, and to offer arguments for a positive view on a quick establishment of property rights. The conclusions are based on the cases of the Czech Republic and Romania compared.
Abstract (in English)
Transferring ownership from the state to the private sector in Central and Eastern European countries was considered an essential step of transition towards the market economy. But negative phenomena, which accompanied privatization corruption, asset-stripping, oligarchic entrenchment, tunnelling, etc. proved that interest groups in these post-socialist countries strongly influenced and slowed down the process. This paper tries to analyse the impact of privatization and its speed connected with these negative phenomena, and to offer arguments for a positive view on a quick establishment of property rights. The conclusions are based on the cases of the Czech Republic and Romania compared.
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