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Keywords:

  • Keywords: privatization;
  • restructuring;
  • Eastern Europe;
  • outsider ownership

Abstract

We have two goals in this paper. The first is to draw lessons from the privatization experiences in Eastern Europe so far, in particular with respect to the relation between alternative privatization methods, the evolution of ownership after privatization and restructuring. The second is to draw from these lessons to suggest ways in which remaining privatization programmes might be designed or improved, when political constraints and economic realities are taken into account.