1st Edition
Privatization in Eastern Europe Is the State Withering Away?
240 Pages
by
Central European University Press
In Eastern Europe privatization is now a mass phenomenon. The authors propose a model of it by means of an illustration from the example of Poland, which envisages the free provision of shares in formerly public undertakings to employees and consumers, and the provision of corporate finance from foreign intermediaries. One danger that emerges is that of bureaucratization. On the broader canvas,... Read more
Preface and Acknowledgements, Foreword by Edmund S. Phelps, Introduction, 1. Markets and Institutions in Large-Scale Privatization: An Approach to Economic and Social Transformation in Eastern Europe, 2. Privatization and Corporate Governance: Can a Market Economy Be Designed?, 3. Evolution and Design in the East European Transition, 4. Corporate Control and Financial Reform, 5. Insiders and the State, 6. Ambiguity of Privatization and the Paths of Transition to a Private Property Regime, Bibliography, Index
Biography
Andrzej Rapaczynski is Daniel G. Ross Professor of Law; Joseph Solomon Professor of Wills, Trusts, and Estate Planning at the Columbia Law School.
