Publications → Privatization and SME → Privatization Issues
- Privatization in Serbia: the second run
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March 3, 2008 13:49
The paper argues that the privatization policy of the Serbian government is generally well designed but nevertheless suffers from drawbacks that could undermine the policy’s successful implementation.
- Privatization policy in Serbia in 2003
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March 3, 2008 13:48
Two years after the privatization law has come into force and the process was launched, privatization in Serbia has yet to yield anticipated results. Private property is still not prevalent..
- The new model of privatisation in Serbia
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March 3, 2008 13:41
Every country going through the painful process of transitional change from one form of economic thinking (i.e. Communism to Capitalism) to another, has had to address the question of privatization. The authors argue that in the case of Serbia this has been handled very badly using a voucher and employee stockholding model.
- The vicious circles of control - regional governments and insiders in privatized Russian enterprises
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January 2, 2008 16:33
How can one account for the puzzling behavior of insider-managers who, in stripping assets from the very firms they own, appear to be stealing from one pocket to fill the other? The authors suggest that such asset-stripping and failure to restructure are the consequences of interactions between insiders (manager-owners) and regional governments in a particular property rights regime.
- Is debt replacing equity in regulated privatized infrastructure in developing countries?
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December 3, 2007 17:00
The main purpose of this paper is to describe the evolution of the financing structure of regulated privatized utilities and transport companies. To do so, the authors rely on a sample of 121 utilities distributed over 16 countries, and 23 transport infrastructure operators and 23 transport services operators distributed over 23 countries. They show that leverage rates vary significantly across sectors, with the highest rates observed in transport and the lowest in water.
- Rental choice and housing policy realignment in transition : post-privatization challenges in the Europe and Central Asia region
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November 26, 2007 16:42
This study reviews the post-privatization rental housing challenges confronted by six transition countries in the Europe and Central Asia region: Armenia, Lithuania, Poland, Romania, Russia and Serbia. The common problem for policy makers across these countries is that housing privatizations decimated the stock of social housing, while the growing market-based housing production has been almost entirely focused on homeownership.
- Infrastructure and public utilities privatization in developing countries
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November 26, 2007 16:40
The paper analyzes governments' tradeoff between fiscal benefits and consumer surplus in privatization reforms of noncompetitive industries in developing countries. Under privatization, the control rights are transferred to private interests so that public subsidies decline.
- Private ownership and corporate performance: evidence from transition economies
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November 26, 2007 15:41
The assumption behind privatisation in eastern Europe and elsewhere is that private ownership improves corporate performance. The paper focuses on comparing the performance of state firms with either private or privatised firms operating under reasonably similar conditions in three countries of eastern Europe.
- Reform Redux: Measurement, Determinants and Reversals
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May 15, 2007 09:54
This paper tries to construct objective measures of privatization, internal and external liberalization reform efforts, across countries over time, and investigate their determinants.
- Problems of Economic Consequences of Privatization
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May 15, 2007 09:54
The presentation analyses the consequences of privatization in the Czech Republic and Russia.
- Privatization before and after the Orange Revolution
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May 15, 2007 09:54
Current publication retrospectively presents the transformation process of privatization from reformatory process into the tool by means of which state property carried over to the business-groups close to the former government.
- Privatization experience of some CEE and CIS countries. Lessons for Belarus
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May 15, 2007 09:53
This paper was prepared within the Economic Policy Institutes Network program. It considers concrete privatization goals with the review of results and cases for four countries – the Czech Republic, Hungary, Poland and Slovakia.
- Mass privatization models.
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May 15, 2007 09:53
This paper deals with and compares basic privatization programmes, which in a range of terms varies among themselves and are on different stages of realization.
- Privatizing industry in Kyrgyz Republic.
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May 17, 2007 10:25
This paper is an analysis of economic functioning of privatized industrial enterprises.
- Privatized industrial enterprises and industrial enterprises in the process of privatization in Kyrgyzstan.
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May 15, 2007 09:53
This paper examines the process and results of privatization in 40 enterprises of the country, management systems in enterprises and measures for widely understood enterprise restructuring.
- Privatization for any Price. Experience of Georgia during 1997-1998.
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May 15, 2007 09:53
This publication is a qualitative and quantitative research on enterprises after their privatization.
- Privatization in Azerbaijan.
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May 15, 2007 09:53
This work considers wide spectrum of issues related to privatization of state ownership in Azerbaijan.
- Privatization in Ukraine: interim results
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May 15, 2007 09:53
This paper analyses the process of voucher privatization in Ukraine during 1992-1998: principles, practices and consequences.
- Corporate Governance and Secondary Privatisation in Poland: Legal Framework and Changes in Ownership Structure.
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May 15, 2007 09:53
The task of this paper is to provide information and analysis on the legal framework of privatisation and corporate governance in Poland and on secondary privatisation processes in Polish privatised enterprises.
- Basic results analysis of privatization problems in the Republic of Uzbekistan
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May 15, 2007 09:51
The purpose of this article is to analyze both the qualitative and quantitative dimensions of privatization, and identify the main problems faced by enterprises both during the course of privatization, as well as in the post-privatization period.
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Institute for Scientific Research on Economic Reforms
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Economic Policy Institute "Bishkek Consensus"
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National Institute of Strategic Planning and Economic Development
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