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portada privatizing eastern europe
Type
Physical Book
Language
English
Pages
344
ISBN
0792318617
ISBN13
9780792318613
Categories

privatizing eastern europe

Van Brabant (Author) · springer publishing map · Physical Book

privatizing eastern europe - van brabant

Physical Book

£ 125.58

  • Condition: New
Origin: U.S.A. (Import costs included in the price)
It will be shipped from our warehouse between Monday, July 01 and Thursday, July 11.
You will receive it anywhere in United Kingdom between 1 and 3 business days after shipment.

Synopsis "privatizing eastern europe"

with the revolutions in eastern europe since mid-1989, two main transformations are envisaged: pluralistic political democracy and a market economy based largely on private property and self-interest. one element that straddles those two objectives is what to do with state-owned property during the transition from a planned to a market environment. privatizing eastern europe looks at the economic goals that may be pursued in various ways: by taking the state out of the allocation of the service streams of existing capital assets in general and state-owned enterprises in particular. the volume advocates the urgency of taking politics out of resource allocation. since this cannot be done through divestment, particularly for large assets, it is imperative that alternatives be put in place at the earliest possible opportunity in the economic transformation. for petty assets (housing, small shops, handicrafts, restaurants, etc.) quick divestment is desirable. for other assets, the principal agent problem will need to be taken care of by investing management with the task of acting in the interest of real owners.

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