Details

Autor(en) / Beteiligte

• Rider, Christine
• Zajicek, Edward K.

Titel

Mass Privatization in Poland: Processes, Problems and Prospects

Ist Teil von

• International journal of politics, culture, and society, 1995-10, Vol.9 (1), p.133-148

Ort / Verlag

New York, N.Y: Human Sciences Press

Erscheinungsjahr

1995

Quelle

Worldwide Political Science Abstracts

Beschreibungen/Notizen

• SINCE LATE 1989, POLAND AND OTHER FORMER SOCIALIST STATES OF EASTERN EUROPE HAVE EMBARKED ON A PROCESS OF POLITICAL AND ECONOMIC TRANSFORMATION. THIS PAPER FOCUSES ON ONE ASPECT OF THIS CHANGE: MASS PRIVATIZATION OF STATE ASSETS. IT EXAMINES THE MUTUAL FUNDS APPROACH TO MASS PRIVATIZATION. IT DISCUSSES THE REASONS GIVEN FOR PRIVATIZING STATE-OWNED ASSETS, AND CONCLUDES THAT, GIVEN THE EXISTING LEVEL OF DEVELOPMENT IN POLAND, THE MUTUAL FUNDS SCHEME IS UNLIKELY TO ACHIEVE THE STATED OBJECTIVES. THIS CONCLUSION IS MADE PARTLY BECAUSE OF FLAWS IN THE VERY CONCEPT, AND PARTLY BECAUSE THE INSTITUTIONAL FRAMEWORK NECESSARY FOR EFFECTIVE PRIVATIZATION IS NOT YET IN PLACE.