Part 1 Privatisation and Public Enterprise Reforms in Asia: Progress Without Privatisation - the Reform of China's State Industries, T. Rawski Chinese Corporate Organisation and Local State Property Rights as an Alternative to Privatisation, A. Walder Privatisation and System Transformation in the Mongolian Economy, A. Gelb and C. Denizer. Part 2 Privatisation and Private-Sector Reform in Central and Eastern Europe: The Trials and Tribulations of Property Reform in Poland, 1989-1991, A. Levitas Strategy, Structure and Spontaneous Privatisation in the Ukraine, S. Johnson et al Path Dependence and Privatisation Strategies in East Central Europe, D. Stark Development of the Private Sector from the Bottom up - Hungary, Poland and Czechoslovakia, L. Webster. Part 3 Restructuring and Soft Budget Constraints in Post-Communist States: Industrial-Restructuring Programmes in Eastern Europe, I. Atiyas Can Privatisation Solve the Problems of Soft Budget Constraints? - Monetary versus Real Perspectives on East European Reforms, Z. Cui. Part 4 Conclusion: Changing Political Economies, V. Milor.
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Róna‐Tas et al. (1995) studied this question.