Privatisation: a false hope

Abstract

Examines Eastern Europe’s struggle to privatise since the end of Communism; in particular reports on the experiences of Poland, Czechoslovakia and Russia. The danger of fast privatisation without restructuring is demonstrated by Czechoslovakia’s experience. Poland shows the importance of employing tight budget constraints. Russia demonstrates that privatisation in chaos is unlikely to produce real change.

Citation

Potts, N. (1999), "Privatisation: a false hope", International Journal of Public Sector Management, Vol. 12 No. 5, pp. 388-409. https://doi.org/10.1108/09513559910300154