2005•RePEc: Research Papers in EconomicsRequires access

Privatization Policy in Bulgaria: An Initial Assessment

Spartak Keremidchiev

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Abstract

The privatization process in the transition economies may appear to be the most serious economic event in the last 10-12 years. All transition countries experimented with different privatization models. Although the privatization processes have not ended yet, the development of a methodology for assessment of the privatization policy is necessary to not only specify the privatization outputs and to compare the effectiveness of the implemented policies, but also to support the policy design process. The paper aims to present an application of an elaborated methodology for assessing the privatization policy and opportunities for its implementation following the Bulgarian case.

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The privatization process in the transition economies may appear to be the most serious economic event in the last 10-12 years. All transition countries experimented with different privatization models. Although the privatization processes have not ended yet, the development of a methodology for assessment of the privatization policy is necessary to not only specify the privatization outputs and to compare the effectiveness of the implemented policies, but also to support the policy design process. The paper aims to present an application of an elaborated methodology for assessing the privatization policy and opportunities for its implementation following the Bulgarian case.

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Available abstract

The privatization process in the transition economies may appear to be the most serious economic event in the last 10-12 years. All transition countries experimented with different privatization models. Although the privatization processes have not ended yet, the development of a methodology for assessment of the privatization policy is necessary to not only specify the privatization outputs and to compare the effectiveness of the implemented policies, but also to support the policy design process. The paper aims to present an application of an elaborated methodology for assessing the privatization policy and opportunities for its implementation following the Bulgarian case.

Key concepts: Bulgarian, Process (computing), Economic system, Business, Transition (genetics), Transition countries, Economic policy, Economics

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