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The Effects of Privatization and Ownership in Transition Economies

✍ Scribed by Estrin, Saul; Hanousek, Jan; Kočenda, Evžen; Svejnar, Jan

Book ID: 111690062
Publisher: American Economic Association
Year: 2009
Tongue: English
Weight: 550 KB
Volume: 47
Category: Article
ISSN: 0022-0515
DOI: 10.1257/jel.47.3.699

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## Abstract The privatization policies implemented in transition economies were based on the neoclassical principles of economic thought. The neoclassical privatization policies contributed to the well‐known results of a large reduction in output, high unemployment and inflation and a breakdown of