Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/28265
Authors: 
Obinger, Herbert
Zohlnhöfer, Reimut
Year of Publication: 
2005
Series/Report no.: 
TranState working papers 15
Abstract: 
The 1990s have witnessed unprecedented attempts at privatizing state owned enterprises in virtually all OECD democracies. This contribution analyzes the differences in the privatization proceeds raised by EU- and OECD-countries between 1990 and 2000. It turns out that privatizations are part of a process of economic liberalization in previously highly regulated economies as well as a reaction to the fiscal policy challenges imposed by European integration and the globalization of financial markets. In addition, institutional pluralism and union militancy yield significant and negative effects on pri-vatization proceeds. Partisan differences only emerge if economic problems are moderate, while intense economic, particularly fiscal problems foreclose differing partisan strategies.
Document Type: 
Working Paper

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