Mass privatization in Bulgaria, December 1997 Cover Image

Масовата приватизация в България, декември 1997 г.
Mass privatization in Bulgaria, December 1997

Author(s): Author Not Specified
Subject(s): Politics / Political Sciences, Politics, Social Sciences, Economy, National Economy, Sociology, Economic policy, Applied Sociology, Evaluation research, Economic development, Public Finances, Socio-Economic Research
Published by: Център за изследване на демокрацията
Summary/Abstract: For three years, it was discussed how to organize the process of mass privatization in Bulgaria and what model to adopt. An administrative option was chosen, following the example of the Czech Republic, and with the adoption of the investment privatization program on December 19, 1995, the mass privatization began in the country. Until the last moment of its beginning, the hesitation of whether it should have taken place in this version did not cease. Mass privatization has also become a field of political opposition. But when the process started, both pessimists and optimists took part.For those involved in mass privatization, the assessment of whether they made a mistake depends on the specific financial results. For the economy as a whole, the assessment of the effect of mass privatization can not be subtracted from the context of its impact on the main markets: commodity, labor and stock markets.

  • Page Count: 19
  • Publication Year: 1997
  • Language: Bulgarian