Small Privatization

Andrzej Rapaczynski is Daniel G. Ross Professor of Law; Joseph Solomon Professor of Wills, Trusts, and Estate Planning at the Columbia Law School.

• Contributors, About the CEU Privatization Project, Acknowledgements PREFACE 1. Definition of small privatization: the focus on retail trade and consumer services 2. Definition of small privatization: the focus on real estate 3. The importance of the economic development 4. The politics of small privatization 5. The elements of success of small privatization 6. The plan of the volume PART I: THE CZECH REPUBLIC A. UNDER CZECH RETAIL TRADE AND CONSUMER SERVICES SOCIALISM 1. Introduction 2. Retail trade and consumer services in the centrally planned Czech economy 3. Formai ownership, organization, and composition of retail trade and consumer services before 1989 4. The economics of trade under Czech communism 5. Legal private activity and perestroika in retail trade and consumer services B. PRIVATIZATION OF RETAIL TRADE AND CONSUMER SERVICES 1. Jntroduction 2. Restitution 3. The small privatization program 4. Large privatization 5. Consumer cooperative transformation PART II: HUNGARY 1. Introduction 2. Reforms under socialism 3. Preprivatization 4. The First Privatization Program 5. The Self-Privatization Program 6. SP A plans for the remaining state units 7. The transformation of Hungarian consumer cooperatives PART III: POLAND 1. Introduction 2. Historical perspective 3. The changes in the real estate market in 1990 and their role in small privatization 4. Gmina privatization 5. Privatization by housing cooperations 6. Privatization of units owned by state enterprises 7. The restructuring and privatization of the Polish consumer cooperatives PART IV: Tim SURVEY 1. Introduction 2. Population and sample selection 3. Participants and assets 4. The transfer process 5. Post-transfer behavior and environment 6. Behavioral implications of the transfer contract7. Behavioral implications of the competitiveness of the mode of transfer 8. Behavioral implications of postprivatization ownership structure 9. Conclusions: ownership structure and the mode of transfer.