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Conference Proceedings (1996), Competitiveness in International Business and Trade, Tamiu Press, pp. 429-443

Eastern Europe : Are its Privatization Policies Inconsistent ?

BESANCENOT D., VRANCEANU Radu

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. and VRANCEANU, R. (1996). Eastern Europe : Are its Privatization Policies Inconsistent ? In: Competitiveness in International Business and Trade. Tamiu Press, pp. 429-443.