This paper reviews the recent empirical evidence on privatization in developing countries,
with particular emphasis on new areas of research such as the distributional impacts of …

Privatization—defined here as the transfer of ownership of state-owned organizations to
private parties—has attracted the attention of scholars across multiple fields. Privatization …

In this paper, we evaluate what we have learned to date about the effects of privatization
from the experiences during the last fifteen to twenty years in the postcommunist (transition) …

Anders Åslund, known to repeatedly challenge conventional wisdom on “transition
economies,” is a leading specialist on postcommunist economic transformation with more …

Why did the transition from socialism to capitalism result in improved growth in some
countries and significant economic decline in others? Scholars have advanced three main …

North Korea is one of the most closed and secretive societies in the world. Despite a high
level of interest from the outside world, we have very little detailed information about how the …

Documenting the long term impact of structural policies on economic performance has
generated tremendous interest in the development literature. In contrast, contemporary …

This paper analyses the speed and patterns of economic convergence in the new EU
Member States of Central and Eastern Europe during transition and the first years of EU …

This study analyzes how prevailing institutional arrangements ie, property rights, contracting
rights, political institutions, and corporate governance practices affect privatized firms' …

This paper aims to perform a large‐scale meta‐analysis of the relationship between post‐
privatization ownership and firm performance in Central and Eastern Europe and the former …