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Privatizing Eastern Europe: The Role of Markets and Ownership in the Transition (International Studies in Economics and Econometrics) - Hardcover
Synopsis
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.
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Privatizing Eastern Europe: The Role of Markets and Ownership in the Transition
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SPRINGER NATURE Jul 1992, 1992
ISBN 10: 0792318617
ISBN 13: 9780792318613
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Seller: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, Germany
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Buch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -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. 348 pp. Englisch. Seller Inventory # 9780792318613
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Privatizing Eastern Europe : The Role of Markets and Ownership in the Transition
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Privatizing Eastern Europe: The Role of Markets and Ownership in the Transition (International Studies in Economics and Econometrics)
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Privatizing Eastern Europe: The Role of Markets and Ownership in the Transition
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Privatizing Eastern Europe : The Role of Markets and Ownership in the Transition
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Privatizing Eastern Europe: The Role of Markets and Ownership in the Transition (International Studies in Economics and Econometrics)
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Privatizing Eastern Europe : The Role of Markets and Ownership in the Transition
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Privatizing Eastern Europe
Published by
Kluwer Academic Publishers, US, 1992
ISBN 10: 0792318617
ISBN 13: 9780792318613
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Seller: Rarewaves USA, OSWEGO, IL, U.S.A.
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Hardback. Condition: New. 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. This work 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 enterprise in particular. It 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 (such housing, small shops, handicrafts and restaurants) 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 owders. Seller Inventory # LU-9780792318613
Quantity: Over 20 available
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Privatizing Eastern Europe : The Role of Markets and Ownership in the Transition
Seller: GreatBookPricesUK, Woodford Green, United Kingdom
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Privatizing Eastern Europe : The Role of Markets and Ownership in the Transition
Seller: AHA-BUCH GmbH, Einbeck, Germany
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Buch. Condition: Neu. Druck auf Anfrage Neuware - Printed after ordering - 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. Seller Inventory # 9780792318613
Quantity: 2 available