A Comparison of Privatization in Capitalist and Socialist Countries

Reports intensive country studies conducted for a sample of ten countries – five historically socially planned and five predominantly market economies – for comparative analyses of socioeconomic‐political characteristics prior to privatization. Purpose was to discern if there were any common factors descriptive of capitalist and/or socialist countries prior to privatization. Constructs from a common set of factors descriptive of all the economies in the sample prior to initiation of privatization, a general model of preconditions for privatization. Results of limited testing appeared to lend credence to the model.