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Creating private enterprises and efficient markets (الإنجليزية)

The note focuses on privatization, as one of the bright spots on the, generally bleak, Russian economic landscape. Reformers have been able to implement a "corporatization" program; persuade "insider" stakeholders who might have opposed privatization; conceive, and implement a voucher program; create a national voucher auction system; and, facilitate private investment funds. These developments are compared to the former East Germany, and former Czechoslovakia...
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