Bureaucracies In The Russian Voucher Privatization
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Bureaucracies In The Russian Voucher Privatization
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Author : GUIDO FRIEBEL
language : en
Publisher:
Release Date : 1998
Bureaucracies In The Russian Voucher Privatization written by GUIDO FRIEBEL and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with categories.
Bureaucracies In The Russian Voucher Privatisation
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Author : Guido Friebel
language : sv
Publisher:
Release Date : 1998
Bureaucracies In The Russian Voucher Privatisation written by Guido Friebel and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Privatization categories.
Kremlin Capitalism
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Author : Joseph R. Blasi
language : en
Publisher: Cornell University Press
Release Date : 2018-10-18
Kremlin Capitalism written by Joseph R. Blasi and has been published by Cornell University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-18 with Political Science categories.
The first book to describe Russia's massive economic transformation for an American audience, Kremlin Capitalism provides a wealth of data and analyses not previously available in this country. The authors articulate the political and economic goals of Russian privatization, examine the current ownership of the largest enterprises in Russia, and chart the serious problem of corporate governance in the new private businesses. Kremlin Capitalism is based on the only continuous study of Russian privatization throughout the Russian Federation from 1992 to the present. The authors tracked down the story of the transition in the cities, towns, and villages of fifty of Russia's eighty-nine provinces, updating their findings after the June 1996 election. The result is an up-to-the-minute report of the largest property transfer in history and an analysis of one of this century's most significant economic transformations. The volume also characterizes the position of workers in terms of unemployment, wages, union power, and their changing role as employee shareholders.What really happened when Russia privatized its economy? The Kremlin brokered the initial struggle among different interest groups eager to claim a portion of Russian property: workers, managers, the Mafia, the old Soviet bureaucracy, regular citizens, entrepreneurs, Russian banks, and foreigners. While competing with one another, all struggled to free themselves from seventy years of Communist economic culture. Four years after the process began, have large companies learned to offer goods and services profitably and pay dividends to shareholders? Individual stories come alive as the book explores problems Russians face in structuring a new economic system, defining the ownership and governance of thousands of corporations one by one. Russian economic practices are being forged in the heat of fierce political struggles between resurgent Communists and nationalists and old Soviet managers, on the one hand, and more liberal elements of its infant democratic system on the other. Whether a few big conglomerates and the powerful banks and holding companies from Soviet days will dominate the new Russian economy to the exclusion of most citizens remains to be seen.Many questions persist. How will billions of dollars of capital be raised to retool, restructure, and reorient the heart and soul of Russia's economy? Will open stock markets stimulate a new economic order or will that new order be imposed through strong state supports and subsidies? What role will be played by shadowy conglomerates that are trying to shape a disorganized economy into something resembling the old Soviet system? The authors note the paradox of a capitalism conceived, designed, implemented, and evaluated by the Kremlin when one aim of reform is to allow market forces to play freely. Kremlin Capitalism asks whether rapid privatization has catalyzed or complicated the transition to a more liberal political and economic system, a question that will reverberate for decades.
Privatizing Russia
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Author : Maxim Boycko
language : en
Publisher: MIT Press
Release Date : 1997-01-22
Privatizing Russia written by Maxim Boycko and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-01-22 with Business & Economics categories.
Privatizing Russia offers an inside look at one of the most remarkable reforms in recent history. Having started on the back burner of Russian politics in the fall of 1991, mass privatization was completed on July 1, 1994, with two thirds of the Russian industry privately owned, a rapidly rising stock market, and 40 million Russians owning company shares. The authors, all key participants in the reform effort, describe the events and the ideas driving privatization. They argue that successful reformers must recognize privatization as a process of depoliticizing firms in the face of massive opposition: making the firm responsive to market rather than political influences. The authors first review the economic theory of property rights, identifying the political influence on firms as the fundamental failure of property rights under socialism. They detail the process of coalition building and compromise that ultmately shaped privatization. The main elements of the Russian program -- corporatization, voucher use, and voucher auctions -- are described, as is the responsiveness of privatized firms to outside investors. Finally, the market values of privatized assets are assessed for indications of how much progress the country has made toward reforming its economy. In many respects, privatization has been a great success. Market concepts of property ownership and corporate management are shaking up Russian firms at a breathtaking pace, creating powerful economic and political stimuli for continuation of market reforms. At the same time, the authors caution, the political landscape remains treacherous as old-line politicians reluctantly cede their property rights and authority over firms.
Privatization Conversion And Enterprise Reform In Russia
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Author : Michael Mcfaul
language : en
Publisher: Westview Press
Release Date : 1995-01-09
Privatization Conversion And Enterprise Reform In Russia written by Michael Mcfaul and has been published by Westview Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-01-09 with Business & Economics categories.
Voucher Privatization In Russia
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Author : Władysław Jermakowicz
language : en
Publisher:
Release Date : 1994
Voucher Privatization In Russia written by Władysław Jermakowicz and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with categories.
The Piratization Of Russia
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Author : Marshall I. Goldman
language : en
Publisher: Routledge
Release Date : 2003-04-10
The Piratization Of Russia written by Marshall I. Goldman and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-04-10 with Business & Economics categories.
In 1991, a small group of Russians emerged from the collapse of the Soviet Union and enjoyed one of the greatest transfers of wealth ever seen, claiming ownership of some of the most valuable petroleum, natural gas and metal deposits in the world. By 1997, five of those individuals were on Forbes Magazine's list of the world's richest billionaires.
Privatization In Eastern Europe
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Author : Roman Frydman
language : en
Publisher: Central European University Press
Release Date : 1994-01-01
Privatization In Eastern Europe written by Roman Frydman and has been published by Central European University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994-01-01 with Business & Economics categories.
In Eastern Europe privatization is now a mass phenomenon. The authors propose a model of it by means of an illustration from the example of Poland, which envisages the free provision of shares in formerly public undertakings to employees and consumers, and the provision of corporate finance from foreign intermediaries. One danger that emerges is that of bureaucratization. On the broader canvas, mass privatization implies the reform of the whole system, the creation of a suitable economic infrastructure for a market economy and the institutions of corporate governance. The authors point out the need for a delicate balance between evolution - which may be too slow - and design - which brings the risk of more government involvement than it is able to manage. A chapter originating as a European Bank working paper explores the banking implications of setting up a totally new financial sector with interlocking classes of assets. The economic effects merge into politics as the role of the state is investigated. Teachers and graduate students of public/private sector economies, East European affairs; advisers to bankers or commercial companies with Eastern European interests.
Privatization In The Russian Federation
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Author : Alexander Radygin
language : en
Publisher:
Release Date : 2009
Privatization In The Russian Federation written by Alexander Radygin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.
The aim of this paper is providing an overview of the privatization process in the Russian Federation. The first section focuses on the experience with management and employee-buyouts in the Russian Federation, the second part explores two sides of the privatization process: the mass privatization and the voucher system.
The Political Economy Of Privatization
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Author : Thomas Clarke
language : en
Publisher: Routledge
Release Date : 2005-08-17
The Political Economy Of Privatization written by Thomas Clarke and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-08-17 with Business & Economics categories.
This book considers the many facets of the privatization process in advanced industrialised countries, along with the marketization of Eastern Europe, and the pressures on developing countries to adopt privatization as the route to growth.