Please use this identifier to cite or link to this item:
Schmidt, Klaus-Dieter
Year of Publication: 
[Publisher:] Institut für Weltwirtschaft (IfW) [Place:] Kiel [Year:] 1995
Series/Report no.: 
Kiel Working Paper 696
The paper analyses the Treuhandanstalt's privatization approach by putting it in a public choice perspective. It comes to the conclusion that the Treuhandanstalt had been very successful in reaching its economic and social targets. Economists might worry that the Treuhandanstalt's operation had accumulated too much waste caused by social considerations. And politicians might lament that its strategy implied that millions of people were ,,outplaced or ,,downsized in the name of privatization. But in terms of the interaction of economics and politics the Treuhandanstalt's performance had not been so far from the optimum.
Document Type: 
Working Paper
Document Version: 
Digitized Version

Files in This Item:

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.