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Evaluating the Russian Voucher Privatization Program*

Author

Listed:
  • Lynn D Nelson

    (Virginia Commonwealth University)

  • Irina Y Kuzes

    (Znanie-sila, Moscow)

Abstract

This paper utilizes firm-level survey data to provide insights into the obstacles to and outcomes of the voucher privatization program in Russia. The results are contrasted with the stated objectives of the Russian privatization program. Our findings indicate that in terms of equity and enterprise restructuring, the program has failed to meet its objectives.

Suggested Citation

  • Lynn D Nelson & Irina Y Kuzes, 1994. "Evaluating the Russian Voucher Privatization Program*," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 36(1), pages 55-67, April.
    • Handle: RePEc:pal:compes:v:36:y:1994:i:1:p:55-67
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    Cited by:

    1. Kornai, János, 1996. "Négy jellegzetesség. A magyar fejlődés politikai gazdaságtani megközelítésben. Második rész [Four characteristic features. Development in Hungary from the aspect of political economy - II]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 1-29.
    2. Susan Linz, 2000. "Restructuring with What Success? A Case Study of Russian Firms," William Davidson Institute Working Papers Series 324, William Davidson Institute at the University of Michigan.

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