How Long to Read Time to Rethink Privatization in Transition Economies?

How Long Does it Take to Read Time to Rethink Privatization in Transition Economies??

It takes the average reader and 44 minutes to read Time to Rethink Privatization in Transition Economies? by John R. Nellis

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

Description

IFC Discussion Paper No. 38.QUOTEIt is now universally acknowledged that ownership matters; that private ownership in and of itself is a major determinant of good performance in firms... Decent economic policy and well-functioning legal and administrative institutions... matter greatly as well.QUOTEThis paper looks at what happens when the shift to private ownership gets far out in front of the effort to build the institutional underpinnings of a capitalist economy. The emphasis is on what went wrong and why and what, if anything, can be done to be correct it. Proposals include renationalization and/or postponement of further privatization, both to be accompanied by measures to strengthen the managerial capacities of the state. Neither approach seems likely to produce short-term improvements. The regrettable fact is that governments that botch privatization are equally likely to botch the management of state-owned firms. In a number of Central European transition countries, privatization is living up to expectations; and there is no need for such measures. For institutionally-weak countries, the less dramatic but reasonable short-term course of action is to push ahead more slowly with case- by-case and tender privatization in cooperation with the international assistance community in hopes of producing some success stories that will lead by example.

How long is Time to Rethink Privatization in Transition Economies??

Time to Rethink Privatization in Transition Economies? by John R. Nellis is 44 pages long, and a total of 11,176 words.

This makes it 15% the length of the average book. It also has 14% more words than the average book.

How Long Does it Take to Read Time to Rethink Privatization in Transition Economies? Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 1 minute to read Time to Rethink Privatization in Transition Economies? aloud.

What Reading Level is Time to Rethink Privatization in Transition Economies??

Time to Rethink Privatization in Transition Economies? is suitable for students ages 8 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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