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Privatization Paradoxes in East Central Europe
Privatization Paradoxes in East Central Europe

Author(s): Yudit Kiss
Subject(s): Economic history, Political history, Economic policy, Government/Political systems, Transformation Period (1990 - 2010), Post-Communist Transformation
Published by: SAGE Publications Ltd
Keywords: East Central Europe; privatization; 1990s; privatization paradoxes; economic transition; market economy; democracy;

Summary/Abstract: In the first three years of the 1990s privatization became a keyword of the epochal socioeconomic transitions taking place in East Central Europe. In economic terms privatization is expected to create an efficient, competitive, fully fledged market economy, able to pull the region's countries out of their recession. In political terms it appears as a guarantee that the radical changes will remain irreversible and that, through the redistribution of economic and political assets, wide-reaching democracy and social justice will be achieved. [...]

  • Issue Year: 08/1994
  • Issue No: 01
  • Page Range: 122-152
  • Page Count: 31
  • Language: English
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