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Framework Issues in the Privatisation Strategies of the Czech Republic, Hungary and Poland

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  • Morris Bornstein

Abstract

Framework issues in privatisation include the alternative of commercialisation of state-owned enterprises without privatisation, the scope and sequence of divestiture by branch of the economy, the organisational structure for privatisation, the choice among standard and non-standard methods, and problems in the administration of privatisation, such as valuation, transparency and corruption. For each issue, the study analyses major aspects and compares relevant experience of the Czech Republic, Hungary and Poland. The concluding section draws some general lessons from the theoretical analysis and empirical comparisons.

Suggested Citation

  • Morris Bornstein, 1999. "Framework Issues in the Privatisation Strategies of the Czech Republic, Hungary and Poland," Post-Communist Economies, Taylor & Francis Journals, vol. 11(1), pages 47-77.
    • Handle: RePEc:taf:pocoec:v:11:y:1999:i:1:p:47-77
    DOI: 10.1080/14631379996048
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    References listed on IDEAS

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    1. Morris Bornstein, 1997. "Non‐standard methods in the privatization strategies of the Czech Republic, Hungary and Poland1," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 5(2), pages 323-338, November.
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    Cited by:

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    2. Petra Koudelkova & Wadim Strielkowski & Denisa Hejlova, 2015. "Corruption and System Change in the Czech Republic: Firm-level Evidence," DANUBE: Law and Economics Review, European Association Comenius - EACO, issue 1, pages 25-46, March.
    3. Pieniadz, Agata & Hockmann, Heinrich, 2002. "Product Differentiation on the Polish Pig Meat Market," 2002 International Congress, August 28-31, 2002, Zaragoza, Spain 24959, European Association of Agricultural Economists.
    4. Morris Bornstein, 2001. "Post-privatisation Enterprise Restructuring," Post-Communist Economies, Taylor & Francis Journals, vol. 13(2), pages 189-203.
    5. Paul Frijters & Dirk Bezemer & Uwe Dulleck, 2003. "Socialism, Capitalism, and Transition - Coordination of Economic Relations and Output Performance," Paul Frijters Discussion Papers 2003, School of Economics and Finance, Queensland University of Technology.
    6. Pieniadz, Agata & Hockmann, Heinrich, 2004. "Pricing behaviour in the Polish pork market during transition," Cahiers d'Economie et de Sociologie Rurales (CESR), Institut National de la Recherche Agronomique (INRA), vol. 71.
    7. Lubom??r L??zal, 2002. "Determinants of Financial Distress: What Drives Bankruptcy in a Transition Economy? The Czech Republic Case," William Davidson Institute Working Papers Series 451, William Davidson Institute at the University of Michigan.
    8. Stefan Bojnec, 2003. "Wage formation during economic transformation: macroeconomic facts and firm survey evidence from Slovenia," Post-Communist Economies, Taylor & Francis Journals, vol. 15(4), pages 571-593.
    9. Laura Cabeza García & Silvia Gómez Ansón, 2012. "What Drives the Operating Performance of Privatised Firms?," Scottish Journal of Political Economy, Scottish Economic Society, vol. 59(1), pages 1-27, February.

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