Home » Privatisation in Previously Centrally Planned Economies: The Case of Azerbaijan: 1991-1994 by Lale Larissa Wiesner
Privatisation in Previously Centrally Planned Economies: The Case of Azerbaijan: 1991-1994 Lale Larissa Wiesner

Privatisation in Previously Centrally Planned Economies: The Case of Azerbaijan: 1991-1994

Lale Larissa Wiesner

Published July 1st 1997
ISBN : 9783631316252
Paperback
380 pages
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 About the Book 

This study examines the developments in privatisation in Azerbaijan, one of the last republics of the FSU to embark upon the road of privatisation. The aim of research was to obtain first hand information on the privatisation process and to constructMoreThis study examines the developments in privatisation in Azerbaijan, one of the last republics of the FSU to embark upon the road of privatisation. The aim of research was to obtain first hand information on the privatisation process and to construct a qualitative, contextual picture of the power struggle over property rights. Part one establishes a theoretical framework under which privatisation in PCPEs can be evaluated. It establishes that privatisation can be seen as an instrument to build up a sound system of enterprise control and initiate industrial restructuring, and thus enhance static and dynamic efficiency. By applying the theories of privatisation in PCPEs developed in the first part, the second provides an account of the Azeri privatisation process and its likely effect on static and dynamic efficiency placing special emphasis on institutional preconditions.