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Foreign Participation in Privatisation: What does it Mean? Empirical Evidence from the Czech Republic, Hungary and Poland

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  • Wilhelm Schollmann

Abstract

This article conveys an understanding of the scope and pattern of foreign involvement in the overall privatisation programmes of three prominent countries in transition: the Czech Republic, Hungary and Poland. It starts with a short description of the respective privatisation programmes, singling out property rights at the onset of transition and what imprint the interests of company insiders had on privatisation policies. It combines this with quantitative and qualitative data and arguments on foreign involvement in the different phases of the privatisation programmes to come to an assessment of foreign involvement in the Czech, Hungarian and Polish privatisation programmes as a whole.

Suggested Citation

  • Wilhelm Schollmann, 2001. "Foreign Participation in Privatisation: What does it Mean? Empirical Evidence from the Czech Republic, Hungary and Poland," Post-Communist Economies, Taylor & Francis Journals, vol. 13(3), pages 373-388.
    • Handle: RePEc:taf:pocoec:v:13:y:2001:i:3:p:373-388
    DOI: 10.1080/14631370120074885
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    References listed on IDEAS

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    1. Dorottya Boda & Judit Karsai & Laszlo Neumann & Richard Woodward, 1996. "Management-Employee Buyouts in Hungary and Poland," CASE Network Studies and Analyses 0069, CASE-Center for Social and Economic Research.
    2. International Monetary Fund, 1996. "Bahamas: Recent Economic Developments," IMF Staff Country Reports 1996/126, International Monetary Fund.
    3. Wladyslaw Jermakowicz, 1994. "Foreign Privatization in Poland," CASE Network Studies and Analyses 0030, CASE-Center for Social and Economic Research.
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    Cited by:

    1. Judy Day & Peter Taylor, 2004. "Institutional Change and Debt-based Corporate Governance: A Comparative Analysis of Four Transition Economies," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 8(1), pages 73-115, March.
    2. Latorre, María C. & Bajo-Rubio, Oscar & Gómez-Plana, Antonio G., 2009. "The effects of multinationals on host economies: A CGE approach," Economic Modelling, Elsevier, vol. 26(5), pages 851-864, September.
    3. Gregor Van Der Beek & Larry Neal, 2004. "The Dilemma of Enlargement for the European Union's Regional Policy," The World Economy, Wiley Blackwell, vol. 27(4), pages 587-607, April.

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