Studies of privatization in central Europe have shown that the process often fails to deliver predicted benefits if the newly privatized firms
A) stop receiving subsidies from the government.
B) are completely owned by private individuals.
C) are sheltered from foreign competition.
D) are allowed to restructure their operations.

Question

Quizplus · Accepted Answer

For privatization to work, it must also be accompanied by a more general deregulation and opening of the economy.

Studies of Privatization in Central Europe Have Shown That the Process