Privatization in the Republics of the former Soviet Union : framework and initial results (Английский)

This paper compares the privatization experiences of the 15 Republics of the Former Soviet Union (FSU) as of March 1993. Currently, these Republics are at varying stages of completing their legal frameworks for privatization. Salient common features of these experiences include the ambiguous status of basic property rights, the centralized character of institutional structures, the extensive preferences given for employee ownership, and the minor...
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