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Privatizing the Privatized

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NBER1999-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w7206
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In the first part of this paper we argue that three reforms must be implemented if privatization is to increase efficiency. First, establishing unitary control rights within the firm. Second, making privatized firms face hard budget constraints. Third, establishing a non-corruptible judicial system
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1999-07-01
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