Home > Books > Privatization in Central and Eastern Europe
Public Authorities & Government-Owned Corporations, Eastern European Law - General & Miscellaneous, Macroeconomics - General & Miscellaneous, Government Corporations, Europe - General & Miscellaneous - Politics & Government, Administrative Law & Regulator
The large-scale efforts to privatize the economies of the former socialist countries of Central and Eastern Europe may constitute the major economic undertaking of the decade.
This book focuses on the process of privatization taking place in these countries, in particular on the transfer of state or socially-owned enterprise to private hands.
The seven eminent contributions from central and eastern Europe deal with the following and other questions: Should nationalized property be returned to its former owners or do they have the right to claim compensation? Should part of an enterprise's wealth accumulated under state ownership be distributed to the workers of that enterprise or even to all citizens of that country? Should the transformation from a state or socially-owned enterprise to a private enterprise occur gradually or is quick large-scale privatization more effective? Which company forms prevail in recently adopted legislation? How are state or socially-owned enterprises valued and sold? How can foreign investors participate in the privatization process?
A country-by-country review of legal issues of privatization of public companies in Eastern Europe. Addresses such questions as whether the original owner of nationalized property has a claim to it or to compensation, whether part of the wealth accumulated during the state's ownership should be distributed to the workers or to the citizens, whether quick or gradual privatization is better, the evaluation and sale of state enterprises, and the role of foreign investors. Over half the volume is taken up with the texts of the recent laws on privatization in Czechoslovakia (presumably now the Czech Republic), Hungary, Poland, Yugoslavia, Croatia, and Russia. Annotation c. Book News, Inc., Portland, OR (booknews.com)
