After the Big Bang? Obstacles to the Emergence of the Rule of Law in Post-Communist Societies

After the Big Bang? Obstacles to the Emergence of the Rule of Law in Post-Communist Societies

With the collapse of communism in Eastern Europe and the Soviet Union in 1989-91, many economic reformers supported "Big Bang" privatization-the rapid transfer of state-owned enterprises to private individuals. It was hoped that Big Bang...

Full description

Bibliographic Details
Main Authors: Hoff, Karla, Stiglitz, Joseph E.
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
RULE OF LAW
TRANSITION ECONOMIES
ECONOMIC REFORM
LAW & ECONOMICS
PRIVATIZATION
STATE-OWNED ENTERPRISES
INSTITUTIONAL FRAMEWORK
LEGAL FRAMEWORK
INVESTOR PROTECTION
POLITICAL ACCOUNTABILITY
VALUE SYSTEMS
ASSET DIVESTITURE
CORPORATE CULTURE
MONETARY POLICY
INVESTMENT RETURNS
ECONOMIC GROWTH ACTIONS
ACTS
ADVERSE EFFECTS
AGGREGATE DEMAND
AGGREGATE SUPPLY
ASSETS
BANKRUPTCY
CAPITAL FLIGHT
CAPITAL FORMATION
CAPITAL MARKET
CAPITAL MARKETS
CIVIL SOCIETY
CODES
COMMUNISM
CONSTANT RETURNS TO SCALE
CORRUPTION
DEBT
DEVELOPMENT ECONOMICS
DISCRETION
ECONOMIC EFFICIENCY
ECONOMIC OUTCOMES
ECONOMIC STRATEGIES
ECONOMISTS
EFFECTIVE STRATEGY
EQUILIBRIUM
EXPECTED VALUE
EXPORTS
EXTERNALITIES
EXTERNALITY
FREE ELECTIONS
GDP
INCOME
INSTITUTIONAL CHANGE
INSURANCE
INTERMEDIATE GOODS
JUDGES
JUSTICE
LAWS
LEGAL INSTITUTIONS
LOBBYISTS
MEDIA
METALS
NASH EQUILIBRIUM
NATURAL RESOURCES
NATURAL] RESOURCES
OIL
PAYOFFS
POLITICAL ECONOMY
POLITICAL PARTIES
PRIVATE PROPERTY
PROFESSIONALS
PROPERTY RIGHTS
PUBLIC GOOD
SAVINGS
SECURITIES
SOCIAL INSURANCE
STEALING
STOCK COMPANIES
UTILITIES
VOTERS
VOTING
WEALTH
WEALTH CREATION
Online Access:http://documents.worldbank.org/curated/en/2002/12/2107993/after-big-bang-obstacles-emergence-rule-law-post-communist-societies
http://hdl.handle.net/10986/19199

Internet

http://documents.worldbank.org/curated/en/2002/12/2107993/after-big-bang-obstacles-emergence-rule-law-post-communist-societies
http://hdl.handle.net/10986/19199

Similar Items