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Privatization was the fundamental pillar of transition from plan to market in former socialist countries. But little is known about the fate of companies that were privatized in large scale privatization schemes such as mass privatization or management-employee buyouts. This is the first original study aiming to fill this gap. It assesses wholesale privatization schemes in three leading transition countries - the Czech Republic, Poland and Slovenia - in terms of the evolving concentration of ownership and relations to firm performance.
Barbara Blaszczyk is a Professor at the Institute of Economics of the Polish Academy of Sciences. She is a co-founder and President of the board of the Center for Social and Economic Research (CASE Foundation), Warsaw, Poland. She served as adviser to the Polish government and Parliament in the years 1989-1996. Iraj Hoshi is Reader in Economics at Staffordshire University Business School, UK. He has acted as consultant and advisor to research institutions in Albania, Czech Republic, Kosovo, Poland, Romania and Russia. Richard Woodward is a member of the CASE Foundation in Warsaw. He is also their External Contacts Officer.