How Long to Read Privatizing Russia

How Long Does it Take to Read Privatizing Russia?

It takes the average reader 3 hours to read Privatizing Russia by Maxim Boycko

Assuming a reading speed of 250 words per minute. Learn more

Description

Privatizing Russia offers an inside look at one of the most remarkable reforms in recent history. Having started on the back burner of Russian politics in the fall of 1991, mass privatization was completed on July 1, 1994, with two thirds of the Russian industry privately owned, a rapidly rising stock market, and 40 million Russians owning company shares. The authors, all key participants in the reform effort, describe the events and the ideas driving privatization. They argue that successful reformers must recognize privatization as a process of depoliticizing firms in the face of massive opposition: making the firm responsive to market rather than political influences. The authors first review the economic theory of property rights, identifying the political influence on firms as the fundamental failure of property rights under socialism. They detail the process of coalition building and compromise that ultmately shaped privatization. The main elements of the Russian program -- corporatization, voucher use, and voucher auctions -- are described, as is the responsiveness of privatized firms to outside investors. Finally, the market values of privatized assets are assessed for indications of how much progress the country has made toward reforming its economy. In many respects, privatization has been a great success. Market concepts of property ownership and corporate management are shaking up Russian firms at a breathtaking pace, creating powerful economic and political stimuli for continuation of market reforms. At the same time, the authors caution, the political landscape remains treacherous as old-line politicians reluctantly cede their property rights and authority over firms.

How long is Privatizing Russia?

Privatizing Russia by Maxim Boycko is 180 pages long, and a total of 45,000 words.

This makes it 61% the length of the average book. It also has 55% more words than the average book.

How Long Does it Take to Read Privatizing Russia Aloud?

The average oral reading speed is 183 words per minute. This means it takes 4 hours and 5 minutes to read Privatizing Russia aloud.

What Reading Level is Privatizing Russia?

Privatizing Russia is suitable for students ages 10 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.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Privatizing Russia?

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