Privatization in Transition Countries: A Sampling of the Literature

Havrylyshyn, Oleh; McGettigan, Donal

doi:10.2139/ssrn.880533

Cited by 26 publications

(7 citation statements)

References 17 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…With regard to entry, while private sector development is widely recognized as the engine of sustainable growth, its effect may not show up immediately due to setup costs involved. It is generally observed that new private firms are the most efficient part of the emerging private sector, but their role may differ across time and across countries (Havrylyshyn and McGettigan, 2000). In particular, a study of the impact of new entry on growth across Russian regions by Berkowitz and DeJong, 1999 found a strong positive relationship.…”

Section: A Approachmentioning

confidence: 99%

Explaining Russia's Output Collapse: Aggregate Sources and Regional Evidence

Dolinskaya

Tytell²

2001

IMF Working Papers

View full text Add to dashboard Cite

The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMP or IMP policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate. This paper explores sources of the output collapse in Russia during transition. A modified growth accounting framework is developed that takes into account changes in factor utilization typical of the transition process. The results indicate that declines in factor inputs and productivity were both important detenninants of the output fall. The contribution of the productivity drop was critical, but smaller than previously reported. Possible causes of the reduction in productivity are assessed using data on sub-national regions within Russia. Privatization and entry of private finns are found to have generated productivity gains, while lack of exit of un viable enterprises constituted a drag on efficiency.

show abstract

Section: A Approachmentioning

confidence: 99%

Explaining Russia's Output Collapse: Aggregate Sources and Regional Evidence

Dolinskaya

Tytell²

2001

IMF Working Papers

View full text Add to dashboard Cite

show abstract

“…Analytical work suggests that the establishment of new enterprises in transition countries could be more important than existing enterprises in generating growth in output and employment (Havrylyshyn and McGettigan, 1999). From this point of view, more efforts are needed to promote new enterprises, including easier entry and exit, competitive markets, property rights, and improved corporate governance.…”

Section: Discussionmentioning

confidence: 99%

Privatization in Ukraine

Elborgh-Woytek¹,

Lewis²

2002

IMF Policy Discussion Papers

View full text Add to dashboard Cite

The views expressed in this Policy Discussion Paper are those of the authors) and do not necessarily represent those of the IMF or IMF policy. Policy Discussion Papers describe research in progress by the author(s) and are published to elicit comments and to further debate.The paper examines the recent privatization experience in Ukraine in the context of the streamlining of Fund structural conditionality. A particular focus is the shift from privatization-related conditionality based on quantitative targets to conditionality aimed at strengthening privatization procedures. The paper examines how this shift was managed in Ukraine and discusses the challenges of applying conditionality to privatization procedures and the implications for country ownership.

show abstract

“…the Russian loansfor-shares scheme). Finally, the exchange of debt against privatization vouchers could run into the problems observed with earlier voucher privatization schemes: too widespread dispersion of ownership can create problems for corporate governance (see Havrylyshyn and McGettigan (1999)).…”

Section: The Use Of Public Assets In a Settlementmentioning

confidence: 99%

Resolving a Large Contingent Fiscal Liability: Eastern Europe Experience

Flanagan

2008

IMF Working Papers

View full text Add to dashboard Cite

This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate.On occasion, a government may find itself confronted with a need to address a large contingent or off balance sheet fiscal liability. Implementing a settlement raises issues of fiscal sustainability and macroeconomic stability. This paper surveys the key design issues, and draws lessons from recent Eastern European experience. It then considers in more detail the particular case of Ukraine, and how it might approach its own large contingent liabilitythe so-called lost savings-which at end-2007 amounted to as much as 18 percent of GDP.

show abstract

Privatization in Transition Countries: A Sampling of the Literature

Cited by 26 publications

References 17 publications

Explaining Russia's Output Collapse: Aggregate Sources and Regional Evidence

Explaining Russia's Output Collapse: Aggregate Sources and Regional Evidence

Privatization in Ukraine

Resolving a Large Contingent Fiscal Liability: Eastern Europe Experience

Contact Info

Product

Resources

About