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The Paradox of Transformation: An Evolutionary Case for Rapid Privatization

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The Political Economy of Transformation

Part of the book series: Studies in Contemporary Economics ((CONTEMPORARY))

Abstract

In 1989 economic theory found itself confronted with an explicitly formulated demand: new East European governments started to look for its help in designing a virtuous sequence of transformation measures.

This paper is based on work that is being done as part of the DELTA research program on Economic Transformation in Eastern Europe. Financial support of the Ministère de la Recherche et de l’Espace, of the Commissariat Général du Plan, and of the Commission of the European Communities (ACE program) is gratefully acknowledged.

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© 1994 Springer-Verlag Berlin Heidelberg

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Grosfeld, I. (1994). The Paradox of Transformation: An Evolutionary Case for Rapid Privatization. In: Wagener, HJ. (eds) The Political Economy of Transformation. Studies in Contemporary Economics. Physica, Heidelberg. https://doi.org/10.1007/978-3-642-52404-2_8

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  • DOI: https://doi.org/10.1007/978-3-642-52404-2_8

  • Publisher Name: Physica, Heidelberg

  • Print ISBN: 978-3-7908-0738-7

  • Online ISBN: 978-3-642-52404-2

  • eBook Packages: Springer Book Archive

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