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.