PRIVATIZATION OF STATE-OWNED PROPERTY – (UN)SUCCESSFUL PROCESS OF TRANSITION? Cover Image

PRIVATIZACIJA DRUŠTVENOG / DRŽAVNOG VLASNIŠTVA – (NE)USPJELI TRANZICIJSKI PROCES?
PRIVATIZATION OF STATE-OWNED PROPERTY – (UN)SUCCESSFUL PROCESS OF TRANSITION?

Author(s): Vladimir Dugalić, Šimo Šokčević
Subject(s): Business Economy / Management, Economic history, Political history, Economic policy, Government/Political systems, Evaluation research, Socio-Economic Research
Published by: Katolički bogoslovni fakultet u Đakovu
Keywords: Central and East Europe; Republic of Croatia; transition; privatization; common welfare; legal state; public/state ownership; private ownership; liberal capitalism; solidarity; subsidiarity; justice;

Summary/Abstract: Fifty years of the reign of socialist system and planned economy have showed the full extent of their inefficiency in Central and East European countries. The necessity for radical changes in the area of social and political life and for new economic models has been imposed on the post-socialist countries by disintegration of the socialist system. The problem of ownership and privatization of public/state property, for the most part provoked by the process of globalization, has abruptly become the key issue. We can see some similarities, but also certain differences if we compare different types of the process of privatization in the countries of Central and Eastern Europe. Transition was mainly a political project, carried out by political parties, mainly fractions of the old political elites. This resulted in a number of mistakes and contradictions, such as frauds and corruption, and deterioration of welfare system. Nevertheless, in spite of all the controversies, some of the countries have managed to overcome all the obstacles that appeared in the process of privatization, which was confirmed by their acceptance to the European Union.

  • Issue Year: 15/2007
  • Issue No: 1
  • Page Range: 103-154
  • Page Count: 52
  • Language: Croatian