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PRIVATIZATION AND TRANSFORMATION IN POLAND: AN UPDATE
Experts and the general public in Poland in the period 1989-1993, the formative years of the transition, were in substantial agreement that the "essence of restructuring [of the Polish economy] is denationalization, and that the key element in denationalization is a significant growth of the sh...
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Published in: | The Polish review (New York. 1956) 2004-01, Vol.49 (3), p.919-943 |
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Main Authors: | , |
Format: | Article |
Language: | English |
Subjects: | |
Online Access: | Get full text |
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Summary: | Experts and the general public in Poland in the period 1989-1993, the formative years of the transition, were in substantial agreement that the "essence of restructuring [of the Polish economy] is denationalization, and that the key element in denationalization is a significant growth of the share and importance of private ownership, that is, so called privatization." Privatization also includes the destatization of economic activity through the legal transfer of former state-owned property from the state into private hands. The process has been made even more difficult, in that it had to be accomplished in the decidedly negative context of a centrally planned economy. |
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ISSN: | 0032-2970 |