Abstract: The postcommunist privatization was unprecedented. In one incredible decade, more than 150,000 large and medium-sized enterprises, hundreds of thousands of small firms, and millions of apartments and houses have been privatized (Djankov and Murrell 2000). The private sector went from being nearly nonexistent to producing almost two-thirds of gross domestic product (GDP). This was the most fundamental change brought about by the transition.
Publication Year: 2012
Publication Date: 2012-11-12
Language: en
Type: book-chapter
Indexed In: ['crossref']
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