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Voucher privatization

Voucher privatization

Voucher privatization (Czech: Kupónová privatizace, Russian: Ваучерная приватизация, romanized: Vauchernaya privatizatsiya) is a privatization method where citizens are given or can inexpensively buy a book of vouchers that represent potential shares in any state-owned company. Voucher privatization has mainly been used in the early to mid-1990s in the transition economies of Central and Eastern Europe, including Bulgaria, Slovenia, Czechoslovakia, Hungary, Estonia, Latvia and Lithuania.

See also History of post-Soviet Russia Viktor Kožený Privatization in Russia

External links David Ellerman, "Lessons From East Europe’s Voucher Privatization", The Capital Ownership Group (virtual think tank).

Tags

  • Economics and finance stubs
  • Economy of the Soviet Union
  • Payment systems
  • Privatization