Abstract
Our purpose is to trace the trajectory of the debate about privatization in the post-socialist economies. We argue that centralized case-by-case direct sales are impossibly slow and that mass privatization plans are not genuine privatization plans. Hope lies in the development of decentralized regulated forms of spontaneous privatization such as post-socialist versions of the management-employee buy-outs (MEBOs) seen in the American Taking-Private Movement. We will outline a rapid decentralized plan that draws on the decentralized programs used in Slovenia, Croatia, and Poland.
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