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Small Scale Privatization in Eastern Europe and Russia from a Historical and Comparative Perspective

Author

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  • Gács, János
  • Karimov, Il'dar
  • Schneider, Christoph

Abstract

This Working Paper is a summary of a workshop which was held at the International Institute for Applied Systems Analysis (IIASA), Laxenburg, Austria in 1992. Small scale privatization (SSP) of shops, restaurants and other consumer services has been accomplished in the first stage of the complex process of privatization in Eastern Europe. It was also an experiment for measuring the demand for previously state owned property and for verifying different techniques of privatization. The Russian Federation is now undertaking the first steps in SSP and may learn much from recent experiences of the other East European economies. In order to facilitate such an exchange, a workshop was organized at IIASA to analyze the pattern of SSP in the Czech and Slovak Federal Republic, the former East Germany, Hungary, Poland, and Russia. The characteristics at each stage of the privatization processes were thoroughly discussed and compared across the nations, beginning with the emergence of the idea of SSP, through legislation and the rise of unexpected tensions during the implementation phase, to the characteristic features of newly privatized retail and service businesses.

Suggested Citation

  • Gács, János & Karimov, Il'dar & Schneider, Christoph, 1992. "Small Scale Privatization in Eastern Europe and Russia from a Historical and Comparative Perspective," MPRA Paper 60799, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:60799
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    File URL: https://mpra.ub.uni-muenchen.de/60799/1/WP-92-067.pdf
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    References listed on IDEAS

    as
    1. I Grosfeld & P Hare, 1991. "Privatization in Hungary," CEP Discussion Papers dp0031, Centre for Economic Performance, LSE.
    2. Grosfeld, Irena & Hare, Paul G, 1991. "Privatization in Hungary, Poland and Czechoslovakia," CEPR Discussion Papers 544, C.E.P.R. Discussion Papers.
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    Cited by:

    1. M van Geenhuizen & P Nijkamp, 1998. "Potentials for East — West Integration: The Case of Foreign Direct Investment," Environment and Planning C, , vol. 16(1), pages 105-120, February.

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    More about this item

    Keywords

    privatization; retail trade; capital markets; auctions; manager and employee buy-out;
    All these keywords.

    JEL classification:

    • D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
    • P23 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Factor and Product Markets; Industry Studies; Population
    • P26 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Property Rights
    • P31 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions

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