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Fiscal Aspects of Privatization: the Paradox of Privatization Revenues

In: Privatization, Corporate Governance and the Emergence of Markets

Author

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  • Dirck Süß

    (European University Viadrina)

Abstract

Since the middle of the 1980s, privatization has become a popular economic policy all over the world. Besides increasing efficiency and decreasing political influence in the economy, the restoration of public finances has always been an important argument for putting privatization on the agenda. Apart from more indirect effects like hardening the enterprises’ budget constraints and thus enabling politicians to cut subsidies, or higher tax proceeds due to more efficiency, the revenues from the sale of enterprises are generally seen as an important fiscal effect of privatization.

Suggested Citation

  • Dirck Süß, 2000. "Fiscal Aspects of Privatization: the Paradox of Privatization Revenues," Studies in Economic Transition, in: Eckehard F. Rosenbaum & Frank Bönker & Hans-Jürgen Wagener (ed.), Privatization, Corporate Governance and the Emergence of Markets, chapter 4, pages 50-66, Palgrave Macmillan.
    • Handle: RePEc:pal:stuchp:978-0-230-28607-8_4
    DOI: 10.1057/9780230286078_4
    as

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