The valuation of enterprises has been a major stumbling block to privatization in transitional economies. Data on the performance of state-owned enterprises under central planning is plentiful, but that information is not worth much in a market economy, especially one in which much progress has been made in price and trade liberalization. One of the author's privatization schemes have emerged as a politically attractive alternative; the valuation...
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DETAILS
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1994/06/30
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Policy Research Working Paper
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WPS1305
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1
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1
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2010/07/01
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Information and price determination under mass privatization
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investment fund
Citation
Shafik,Nemat Talaat.
Information and price determination under mass privatization (English). Policy, Research working paper ; no. WPS 1305 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/617901468746726473