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Privatizaion in Eastern Europe and the EU EnlargementDr.ppt

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Privatizaion in Eastern Europe and the EU EnlargementDr.ppt

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Privatizaion in Eastern Europe and the EU EnlargementDr.ppt

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文档介绍:Privatization in Eastern Europe and the EU Enlargement Dr. Evgeni Peev University of Vienna April 2008
Issues: Transition in Central and Eastern Europe (CEE) Privatization Policy in CEE Effects of Privatization on the EU Enlargement
Table of Contents 1. Transition from Totalitarian Socialism to Market Economy in Central and Eastern Europe (CEE) . Why Privatization is So Important to the EU Enlargement Process? . What Does Privatization Mean in Poland and in the United Kingdom? . The State Ownership 2. Privatisation policy in Central and Eastern Europe (CEE) . Why to Privatize? . How to Privatize? Privatization Methods . Why to Privatize to Foreigners? 3. Effects of Privatization . Which Are The Effects on Firm’ Performance? . Which Are The Effects on Corporate Governance and Economic Growth? . Which Are The Effects on Convergence of CEE and The EU Enlargement?
from Totalitarian Socialism to Market Economy in Central and Eastern Europe (CEE) . Why Privatization is So Important to the EU Enlargement Process? EU Enlargement in CEE: 2004 Hungary, Poland, Czech Republic, Slovak Republic, Slovenia, Estonia, Latvia, Lithuania 2007 Bulgaria, Romania
. Why Privatization is So Important to the EU Enlargement Process? Privatization – a key part of reforms to a functioning market economy ‘Conventional wisdom’ to reforms in transition countries (World Bank, 1991; 1996; EBRD, 1995) (1) privatisation and deregulation, (2)macro stabilization by low inflation and fiscal deficits, (3) liberalization through opening of economy to the rest of the world, and a domestic prices control release.
. Why Privatization is So Important to the EU Enlargement Process? A functioning market economy - precondition to e member of the EU Privatization is a major path to establish: Competitive enterprise sector in CEE Competitive financial sector in CEE Micro-convergence between ownership and control strictures,