Name: privatizing eastern europe (en Inglés)
SKU: 3412679
Price: 112.55 USD
Availability: InStock
Author: van brabant
ISBN: 9780792318613

portada privatizing eastern europe (en Inglés)

Formato

Libro Físico

Editorial

Springer

Autor

van brabant

Idioma

Inglés

N° páginas

344

ISBN

0792318617

ISBN13

9780792318613

Categorías

Macroeconomía

privatizing eastern europe (en Inglés)

Van Brabant (Autor) · Springer · Libro Físico

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Reseña del libro "privatizing eastern europe (en Inglés)"

with the revolutions in eastern europe since mid-1989, two main transformations are envisaged: pluralistic political democracy and a market economy based largely on private property and self-interest. one element that straddles those two objectives is what to do with state-owned property during the transition from a planned to a market environment. privatizing eastern europe looks at the economic goals that may be pursued in various ways: by taking the state out of the allocation of the service streams of existing capital assets in general and state-owned enterprises in particular. the volume advocates the urgency of taking politics out of resource allocation. since this cannot be done through divestment, particularly for large assets, it is imperative that alternatives be put in place at the earliest possible opportunity in the economic transformation. for petty assets (housing, small shops, handicrafts, restaurants, etc.) quick divestment is desirable. for other assets, the principal agent problem will need to be taken care of by investing management with the task of acting in the interest of real owners.