Determinants,Structure, and Impact of Privatization

Summary

The focus of the paper are determinants of the rate and structure of privatization processes and thus the impact of privatization as exemplified by the case of Poland seen from the comparative perspective. The determinants can be grouped into the main factors, that is those not affecting the privatization processes directly (e.g., macroeconomics issues) and privatization-specific factors (directly affecting the process). The paper tries to dispel some popular and persistent myths concerning the impact of privatization and other transition processes.