Small privatization
Subtitle: the transformation of retail trade and consumer services in the Czech Republic, Hungary, and Poland
By: John S. Earle ... [et al.] ; with contributions from Carla Kruger ... [et al.].
Contributors: Earle, John S.; Krüger, Carla, 1947-
Series: CEU privatization reports,; v. 3
Publisher: Central European University Press; Distributed in the U.S. by Oxford University Press
Published: 1994
Place of publication: Budapest; New York; New York
Language: eng
Number of pages: 301
Subjects: Privatization -- Czech Republic.; Privatization -- Hungary.; Privatization -- Poland.; Czech Republic -- Economic conditions.; Hungary -- Economic conditions -- 1989-; Poland -- Economic conditions -- 1990-
Description: This Third Volume in the acclaimed series of CEU Privatization Reports deals with the transition to a free market in retail trade and consumer services in Poland, Hungary, and the Czech Republic.

The authors describe and analyze all the programs with the help of which shops, restaurants, and service establishments have been privatized in the three most advanced postcommunist countries and provide detailed quantitative evidence concerning all aspects of the small privatization process.

The volume also presents the results of the first extensive empirical survey of privatized establishments in the three countries and draws important conclusions concerning the conditions necessary for a successful privatization of the retail trade and consumer service sectors in Eastern Europe.

The authors argue that small privatization is, above all, a transfer of ownership to commercial real estate and that the nature of the rights conveyed to the new owners makes a great difference with respect to postprivatization restructuring. They also show that the presence of outside owners, not connected with predecessor state establishments, is one of the most important factors determining the extent of changes brought about by small privatization.
Notes: Includes bibliographical references.