ABSTRACT

This paper surveys available information about privatization of large-scale enterprises in the CIS republics and then compares the processes observed with what has happened in Central Europe. No attempt is made to cover the questions of privatization of small enterprises, farms, and housing. The paper starts with a look at the situation in the CIS. Then it summarizes the experiences of Poland, Hungary, and Czechoslovakia, based on the author’s previous research on these cases. Differences and similarities are discussed, along with possible reasons for them. The paper ends by suggesting the extent to which the future of the CIS might be seen in the experiences of the Central European countries.