A Comparison of Privatization in Capitalist and Socialist Countries

Document Type

Article

Publication Date

1992

Department

Political Science, International Development, and International Affairs

Abstract

Reports intensive country studies conducted for a sample of ten countries - five historically socially planned and five predominantly market economies - for comparative analyses of socioeconomic-political characteristics prior to privatization. Purpose was to discern if there were any common factors descriptive of capitalist and/or socialist countries prior to privatization. Constructs from a common set of factors descriptive of all the economies in the sample pnor to initiation of privatization, a general model of preconditions for privatization. Results of limited testing appeared to lend credence to the model.

Publication Title

International Journal of Social Economics

Volume

19

Issue

6

First Page

55

Last Page

60

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