It takes the average reader 5 hours and 47 minutes to read Privatizing Eastern Europe by J.M. Van Brabant
Assuming a reading speed of 250 words per minute. Learn more
This volume is meant to be a modest contribution to the ongoing debate about the transitions away from the administrative planning environment typical of the former communist regimes. The central subject matter is a fairly special one, namely the privatization of these economies together with the restoration and effective monitoring of property rights. These are paramount tasks of the ongoing transformations once progress toward pOlitical democracy is secured. Though I would not allot divestment of existing state-owned assets the kind of pivotal importance that some observers reserve for it, changing rules on the utilization of these assets is evidently at the core of what the transition toward market-based economic systems should be all about. Rather than examining the entire range of issues that surround the controvery on privatization, this volume is primarily concerned with the economics of taking the state out of the decision making about existing assets. Among the several aspects of this discussion three stand out. One is the establishment of clear property rights. This is fundamental to minimize trans action costs in an environment where decisions will increasingly be taken by independent economic agents acting on their own account. Second, I look only incidentally at the various angles of creating capital markets, particularly for existing assets, in these economies.
Privatizing Eastern Europe by J.M. Van Brabant is 343 pages long, and a total of 86,779 words.
This makes it 116% the length of the average book. It also has 106% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 7 hours and 54 minutes to read Privatizing Eastern Europe aloud.
Privatizing Eastern Europe is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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