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Privatization in the Czech Republic
Institution:1. Department of Economics, National Cheng Chi University, Taiwan;2. Institute of Economics, Academia Sinica, Taiwan
Abstract:Inexorably, privatization is rolling through Central and Eastern Europe, generally following two paths: a slow, deliberate pace or a rapid transformation. Each method has its advantages and advocates. But one nation, the Czech Republic, has taken a modified path that combines both approaches. Sacks examines the Czech privatization process through the government's policy goals, its successes, and the problems it has encountered in its privatization push.
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