Privatizing Russia by Maxim Boycko
Look inside with Google Book Preview
Privatizing Russia
By Maxim Boycko

Privatizing Russia

New edition

By (author) See other recent books by Maxim Boycko See other recent books by Andrei Shleifer See other recent books by Robert W. Vishny
Format: Paperback

Normal Price: $39.95
Your Price: $35.96 AUD, inc. GST
Shipping: $7.95 per order
You Save: $3.99! (10% off normal price)
Plus...earn $1.80 in Boomerang Bucks
Availability: Available Available to Backorder, No Due Date for Supply, Not for Xmas



Privatizing Russia by Maxim Boycko

Book Description

Privatizing Russia offers an inside look at one of the most remarkable reforms in recent history. Having started on the back burner of Russian politics in the fall of 1991, mass privatization was completed on July 1, 1994, with two thirds of the Russian industry privately owned, a rapidly rising stock market, and 40 million Russians owning company shares. The authors, all key participants in the reform effort, describe the events and the ideas driving privatization. They argue that successful reformers must recognize privatization as a process of depoliticizing firms in the face of massive opposition: making the firm responsive to market rather than political influences.The authors first review the economic theory of property rights, identifying the political influence on firms as the fundamental failure of property rights under socialism. They detail the process of coalition building and compromise that ultmately shaped privatization. The main elements of the Russian program -- corporatization, voucher use, and voucher auctions -- are described, as is the responsiveness of privatized firms to outside investors. Finally, the market values of privatized assets are assessed for indications of how much progress the country has made toward reforming its economy.In many respects, privatization has been a great success. Market concepts of property ownership and corporate management are shaking up Russian firms at a breathtaking pace, creating powerful economic and political stimuli for continuation of market reforms. At the same time, the authors caution, the political landscape remains treacherous as old-line politicians reluctantly cede their property rights and authority over firms.

Buy Privatizing Russia book by Maxim Boycko from Australia's Online Bookstore, Boomerang Books.


Book Details

ISBN: 9780262522281
ISBN-10: 0262522284
Format: Paperback
(203mm x 136mm x 15mm)
Pages: 176
Imprint: MIT Press
Publisher: MIT Press Ltd
Publish Date: 3-Mar-1997
Country of Publication: United States

Other Editions...


Books By Author Maxim Boycko

Post-Communist Reform by Maxim Boycko Post-Communist Reform, Hardback (November 1993)

In this new report, they take stock, returning to the original themes and assessing progress and prospects, particularly in Russia.

» View all books by Maxim Boycko

Reviews

» Have you read this book? We'd like to know what you think about it - write a review about Privatizing Russia book by Maxim Boycko and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)

Write a book review


Author Biography - Maxim Boycko

Armin Mester is Professor of Linguistics at University of California, Santa Cruz.

Boomerang Bucks close

For every $20 you spend on books, you will receive $1 in Boomerang Bucks loyalty dollars. You can use your Boomerang Bucks as a credit towards a future purchase from Boomerang Books. Note that you must be a Member (free to sign up) and that conditions do apply.

Recent books by Maxim Boycko close
Post-Communist Reform by Maxim Boycko
»
Recent books by Andrei Shleifer close
Failure of Judges and the Rise of Regulators by Andrei Shleifer
Failure of Judges and the Rise of Regulators by Andrei Shleifer
Grabbing Hand by Andrei Shleifer
Without a Map by Andrei Shleifer
Inefficient Markets by Andrei Shleifer
Inefficient Markets by Andrei Shleifer
Privatizing Russia by Andrei Shleifer
»
Recent books by Robert W. Vishny close
Grabbing Hand by Robert W. Vishny
Privatizing Russia by Robert W. Vishny
»
BoomerangBooks.com.au close