Šesti dio -TRANZICIJSKI KAPITALIZAM POSTKOMUNISTIČKIH ZEMALJA
Part six - TRANSITIONAL CAPITALISM IN POSTCOMMUNIST COUNTRIES

Summary/Abstract: Introduction: Futile economic reforms under socialism 1. Reform reach and development of internal socialistic economic critical thought 2. Dogmatic limitations in change of monistic ownership structure Chapter I: Overcoming monistic ownership structure and introducing private property from 1987/88 to political changes in 1989 and 1990 Chapter II: Nomination of change – transformation and transition 1. Confusion regarding nomination and contents of change 2. Transformation: genesis of ideas and variety of suggestions 3. Transition as a globalization phenomenon Chapter III: Approaches to change so far 1. Transitional package with key role of (re)privatization A. Standard transition package B. (Re)privatization as a key element of standard “transition package” 2. Critical approach to standard transition package as opposed to (re)privatization 3. Establishment of transition algorithm Chapter IV: Strategy of (re)privatization 1. Objectives and pace of (re)privatization A. (Re)privatization objectives B. "Shock versus gradualism " 2. Restructuring and play of strategic investors (from abroad) 3. Concepts and models of privatization A. Theoretical models B. Applied models of privatization C. Evaluation criteria for (re)privatization strategic options Chapter V: (Re)privatization progress 1. Aggregate (re)privatization progress indicators 2. Sector (re)privatization progress indicators 3. Economic effects of the privatization process 3.1. Effects on business efficiency of companies 3.2. Privatization effects on corporate management A. Mass privatization and problems of corporate management B. “Moral-hazard” of transitional management Chapter VI: “Easily promised swiftness” of the transitional capitalism establishment 1. Transitional capitalism “enters quickly, immaturely and with problems” 2. Entrance and interval of transformation recession 3. Neo-liberal stereotypes in economic policies of (re)privatization – thesis for criticism 4. Lessons for successful privatization Appendix: Typical economic policies of (re)privatization 1. Central European countries 2. Russia 3. Former Yugoslavia countries

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