Attempt to Evaluate the Processes of Privatisation of the Polish Economy

• Autorzy: Maciej Mindur
• Języki publikacji: EN

Abstrakty

EN

Two elements need to be considered during privatisation: In a deregulated and liberalised environment it is possible, that rich transport companies or corporations could start price wars, or use hostile take-overs. Polish practice delivers several examples of purchasing companies solely to close them down in an appropriate moment. In the time of globalisation, the problem is not the supply of means of production, but rather sales and competition. The second element is the problem of privatisation in a country, which does not possess capital, because there is a danger, that companies may be purchased only to be eliminated from competition. If such scenario proves true, there is a danger, that in Polish conditions, which far more resemble Argentinean than West-European, instead of free market and perfect competition a classical oligopoly will be created, which will be less effective and operate like a pre-war cartel. Therefore, it is wrong to treat privatisation as a panacea for all problems. Obviously it was necessary - especially privatisation of the establishing kind - in order to initiate the free market system. Nevertheless, it is wrong to assume that if something does not function properly it ought to be privatised. Privatisation cannot be a method to sanify a country! There are opinions, proposed for example by professor Poznaƒski, that distribution of state property leads to corruption. In order to avoid all the above phenomena an efficient state is necessary. Lack of appropriate regulations can lead to very unfavourable structural transformations, which can result in the economy ending up as a source of raw materials for other economies.(fragment of text)

Słowa kluczowe

EN

Privatisation

PL

Prywatyzacja

• Czasopismo: Studia i Prace Kolegium Zarządzania i Finansów / Szkoła Główna Handlowa
• Rocznik: 2005
• Numer: z. 53
• Strony: 99--110

Twórcy

autor

Maciej Mindur

• Szkoła Główna Handlowa w Warszawie

Bibliografia

• Kaja J., Polityka Gospodarcza. Wstęp do teorii, SGH, Warsaw 1999.
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• Lecture by professor Bosiakowski at WSHiP.
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• Rossati D., Polska droga do rynku, PWE, Warsaw 1998.
• Staniek Z., Teoretyczne aspekty polskiej prywatyzacji w okresie transformacji, SGH, Warsaw 2001.
• Surdykowska S. T., Prywatyzacja, PWN, Warsaw 1996.