01847cas a2200253 a 4500 AALejournalIMF000803 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451842272 1018-5941 BD-DhAAL BD-DhAAL Havrylyshyn, Oleh. Privatization in Transition Countries : A Sampling of the Literature / Oleh Havrylyshyn, Donal McGettigan. Washington, D.C. : International Monetary Fund, 1999. 1 online resource (44 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper reviews a selection of studies on privatization experiences in transition countries. Empirical studies almost invariably show privatized enterprises outperform state enterprises. Moreover, the literature identifies de novo firms as being clearly the best performers, followed by outsider-dominated firms, while insider-dominated firms are the least efficient among those newly privatized. The importance of de novo firms in enlarging the private sector in transition economies is reviewed, along with the question of whether privatization efforts support or hinder de novo private sector development. Finally, the paper discusses the importance of providing a suitable market environment for successful private-sector development. Mode of access: Internet McGettigan, Donal. IMF Working Papers; Working Paper ; No. 1999/006 Full text available on IMF http://elibrary.imf.org/view/journals/001/1999/006/001.1999.issue-006-en.xml IMF e-Library