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Conference Proceedings

Eastern Europe: Are its Privatization Policies Inconsistent?

Year
1996
Authors
VRANCEANU Radu, BESANCENOT D.
Abstract
This paper investigates the origins of the apparent lack of international consistency in the privatization policies of many transitional economies. It will be shown that some employment-oriented governments may pursue a rapid privatization policy during an initial period of time, with the aim to stimulate expectations. At a later period, such a government will reveal its “true” nature and, seemingly contradicting itself, will slow down privatization , this would foster employment and prevent an abrupt fall in output.
BESANCENOT, D. et VRANCEANU, R. (1996). Eastern Europe: Are its Privatization Policies Inconsistent? Dans: Competitiveness in International Business and Trade. Tamiu Press, pp. 429-443.