Privatization Is Transition—Or Is It?
探讨转型经济中创建私营部门的不同方式，包括归还、私有化和新创企业，并分析私有化对国有企业公司治理的影响及其与自由化的关系。
Various means of creating a private sector have been used in transition economies, including restitution, privatization of state firms through sales or voucher schemes, and start-ups of new private firms. The privatization of state-owned firms raises questions regarding the viability of future corporate governance but, in combination with economic liberalization, it has induced state-owned firms to react to their new environment. Differences in the extent of privatization among countries reflect largely differences in the privatization of state-owned firms. Qualitative differences reflect differences in who the new owners of these firms are.