Research Catalog

Title

Privatization in East Germany : a survey of current issues / prepared by Dieter Bös ; authorized for distribution by Vito Tanzi.

Author

Bös, Dieter

Publication

[Washington, D.C.?] : International Monetary Fund, [1992]

Items in the Library & Off-site

Holdings

Details

Additional Authors

International Monetary Fund. Fiscal Affairs Department

Description

iii, 27 p.; 28 cm.

Summary

This paper deals with the privatization, restructuring, and liquidation of East Germany industrial firms. A partnership model is suggested for privatization where the Government's property trust (Treuhandanstalt (THA)) is made a silent partner of the private investors. The application of a general scheme of wage subsidies is rejected in the paper. Furthermore, the paper argues against restructuring policies of the Government's property trust and proposes to set decreasing limits on the trust's finances for the years following 1993. The decreasing financial inflow will force the Governments trust to close firms, and will also signal the commitment of the Government to liquidate the trust itself by, say, the year 2000.

Series Statement

IMF working paper ; WP/92/8

Uniform Title

IMF working paper WP/92/8.

Subject

• Germany > Economic policy
• Post-communism > Germany (East) > Econometric models
• Privatization > Germany (East) > Econometric models

Note

• At head of title: International Monetary Fund, Fiscal Affairs Department.
• "January 1992."
• "JEL classification numbers: H11, L33."

Bibliography (note)

• Includes bibliographical references (p. 25-27).

Processing Action (note)

• committed to retain

OCLC

26044461

Owning Institutions

Harvard Library