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Case-by-case privatization in the Russian Federation : lessons from international experience /
This report contains the proceedings of a high-level workshop on " International Experience in Case-by-Case Privatization: Lessons for the Russian Federation, " which was held in St. Petersburg, Russia, in July 1997. Against the backdrop of Russia ' s mass voucher privatization initia...
|a Case-by-case privatization in the Russian Federation :
|b lessons from international experience /
|c edited by Harry G. Broadman.
260
|a Washington, D.C. :
|b World Bank,
|c 1998
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|a vii, 97 p. :
|b il.
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0
|a World Bank discussion paper ;
|v no. 385
|x 0259-210X
504
|a Incluye bibliografía.
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0
|a Foreword -- Abstract -- Currency equivalents -- Pt. 1: Introduction: 1. Overview / Harry Broadman -- Pt. 2: Methodological framework: 2. Privatization in transition economies: an update / John Nellis -- 3. The emergence of case-by-case privatization in Russia: principles and institutions / Harry Broadman -- 4. Fundamentals of case-by-case privatization / Dick Welch -- 5. Hiring and using advisors / Dick Welch -- 6. The transaction process / Olivier Frémond -- 7. Valuation methodology / Olivier Frémond -- 8. Organizing government for privatization / John Nellis -- Pt. 3: Case studies: 9. Privatization of SAMIR, the principal refinery of the Kingdom of Morocco / Olivier Frémond -- 10. Privatization of Canada's air traffic control system / Dick Welch -- 11. Telesat Canada: a third party sale / Dick Welch -- 12. Case-by-case privatization experience in Central and Eastern Europe / Igor Artemiev -- Pt. 4: Summary of lessons: 13. Major lessons from international experience / Harry Broadman and John Nellis -- List of participants.
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|a This report contains the proceedings of a high-level workshop on " International Experience in Case-by-Case Privatization: Lessons for the Russian Federation, " which was held in St. Petersburg, Russia, in July 1997. Against the backdrop of Russia ' s mass voucher privatization initiative in 1993-94 and the more recent controversial loans-for-shares program, the workshop took place soon after the Russian authorities announced that a case-by-case privatization program would start. The case-by-case approach is especially applicable for the sale of large, economically important enterprises, where transparency and competition are crucial to successful transactions. The timing of the workshop was fortuitous because it came immediately on the heels of the