- Author
- Miller Jeffrey B., Petranov Stefan
- Title
- The First Wave of Mass Privatization in Bulgaria and its Immediate Aftermatch
- Source
- The Economics of Transition, 2000, vol. 8, nr 1, s. 225-250.
- Keyword
- Prywatyzacja
Privatisation - Country
- Bułgaria
Bulgaria - Abstract
- Bułgaria rozpoczęła program powszechnej prywatyzacji w 1995 roku, po dojściu do władzy socjalistów. Pierwsza grupa sprywatyzowanych przedsiębiorstw z roku 1997 stanowiła 1/4 ogółu przedsiębiorstw państwowych. Program wzorowany na programie czeskim przewidywał udział funduszy inwestycyjnych i przeżywa analogiczne do czeskich problemy.
In January 1995, a socialist government came to power in Bulgaria and initiated a mass privatization programme. In the first wave of this programme, which was completed in June 1997, about one-fourth of Bulgaria's state-owned enterprises were partially privatized through the programme. Patterned after the Czech mass privatization programme, an important outcome of the Bulgarian programme is that investment funds have become important agents in the private sector of the economy. It is too early to determine whether enterprise restucturing will now occur, but initial market signals suggest that Bulgaria may soon suffer from many problems that now confront the Czech economy unless new corporate laws supporting ownership rights and better capital market regulations are enacted - Accessibility
- The Main Library of the Cracow University of Economics
The Main Library of Poznań University of Economics and Business
The Main Library of the Wroclaw University of Economics - Cited by
- ISSN
- 0967-0750
- Language
- eng
