Privatization: Concepts, Realization, Efficiency. Moscow, "Nauka", 2006 - 235 p.
This monograph is a study of the creation of a private sector in the economies of the post-Socialist countries of Central and Eastern Europe (CEE). A comparative analysis is applied to the models of privatization of state enterprises implemented in the CEE and Russia. The main methods of creating private capital based on the privatization of financial resources are described. The dynamics, fundamental problems and methods of stimulating the growth of a self-sustaining private sector are discussed. The shadow economy , its genesis and growth are treated in the analysis of the transformation of property relations as a component of the privatization process. Several socio-economic consequences of the privatization of post-Socialist economies are addressed. The creation of new ownership structures and the motivations and strategies they create for new owners are a subject of particular concern, raising the question of assessing the transaction costs of privatization.
Proceeding from an analysis of initial endowments, privatization models and subjects, the mechanisms of subsequent concentration of capital, ownership, and control in the CEE countries and Russia, enables us to understand the causes of many of the problems with which Russian society is currently confronted and trace paths toward overcoming the crisis in which the country finds itself.
We hope that this monograph will be of use to a broad spectrum of readers: policy-makers, responsible for the elaboration and implementation of social and economic policy in Russia, economists, historians, sociologists, researchers, lecturers, post-graduates and high-school students.
