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Les lenteurs de la privatisation en Roumanie. Une analyse du comportement des acteurs publics

Bibliographic Data

ID11979906
AuthorsDaniel Labaronne (corresponding author)
Year1997
Volume28
Issue1
Pages101-128
Publication date1997-01-01
Open AccessNo
TypeARTICLE
VenueRevue d’études comparatives Est-Ouest (JOURNAL)
Journal identifiersISSN: 0338-0599 • E-ISSN: 2259-6100
PublisherPERSEE Program (PUBLISHER)
DOI10.3406/receo.1997.2836
OpenAlexW2083206180
LanguageFR
References cited1

The slow pace of privatization in Romania : An analysis of the behavior of public actors. Privatization has not had very pronounced results in Romania as compared with other central and eastern European countries. In 1995, less than 8 % of the nominal capital of government-owned businesses was privatized. By analyzing institutional structures and the behavior of public actors (political authorities, bureaucrats or managers in state -run firms), the theory of public choice uses endogenous reasons to account for the slow pace of the privatization process in Romania. After a description of the legal framework of privatization in Romania and of statistics illustrating the difficulties encountered, the public choice theory is then used to treat public authorities' behavior as an endogenous factor and see it - through the institutional choices that are made - as a brake on privatization. Given the many institutional impediments still in place in Romania despite a recent law for speeding up privatization, questions crop up about the prospects of transferring public assets

Business · Capital (architecture · Economic policy · Economics · European union · Geography · Government (linguistics · Market economy · Pace · Political science · Politics · Public capital · Public investment · Fiscal Policies and Political Economy · Law · Regional Development and Policy

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    Open Access•Jean‐François Nivet, Jean-Francois Nivet•Economie et Statistique /…•1994

Highly citedNo

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