A Mesolevel Comparative Approach to Maxi and Mini Strategies of Public Enterprise Reform

In: Studies in comparative international development, Band 28, Heft 2, S. 22-60

Abstract

There has been little comparative analysis of privatization programs around the world. It is argued here that analysts should compare the most immediately relevant institutional environment of the enterprise, conceptually situating this mesolevel system between the firm & the macroeconomy. This system of action is especially fruitful for cross-national comparisons of privatization programs because it is at this level that privatization strategies are designed. The problem for Eastern Europe & for less-developed countries is lack of experience with the relatively light economic regulation that characterizes industrial countries. Government leaders must also decide how much effort to devote to privatization of state-owned enterprises & how much to fostering private sector investment in new firms. 6 Tables, 6 Figures. Adapted from the source document.