TY - CHAP AB - The distribution of state property to the private sector has always been and will continue to be intensely political. Relinquishing hiring, production, investment, and other enterprise decisions constitute a significant loss of potential rents to those who exercise control rights in state-owned enterprises. Additionally, the large transfer of wealth that privatization on a large-scale entails, combined with the potential for unemployment, loss of access to enterprise-based social services (which were substantial in state-socialist economies) threatens to undermine public support for privatization and reform in general. VL - 90 SN - 978-1-84950-513-0, 978-0-7623-1463-8/1569-3759 DO - 10.1016/S1569-3759(07)00003-4 UR - https://doi.org/10.1016/S1569-3759(07)00003-4 AU - Kopf Daniel AU - Lieberman Ira W. AU - Desai Raj M. ED - Ira W. Lieberman ED - Daniel J. Kopf PY - 2007 Y1 - 2007/01/01 TI - Chapter 3 Mass privatization in transition economies T2 - Privatization in Transition Economies: The Ongoing Story T3 - Contemporary Studies in Economic and Financial Analysis PB - Emerald Group Publishing Limited SP - 137 EP - 172 Y2 - 2024/04/24 ER -