Author: | Martinavicius, J. |
Title: | Privatisation in Lithuania |
Journal: | Baltic Review
1995 : WINTER, 6, p. 43-47 |
Index terms: | PRIVATIZATION LITHUANIA DEVELOPMENT |
Language: | eng |
Abstract: | Despite ambiguous laws, property has change from state to public hands quickly during the first few years of privatisation in Lithuania. But how is it progressing now, under a Democratic Labour government? When Lithuania began selling state property in 1991, the aim was to privatise two thirds of it (excluding land) within a few years. Some preliminary moves towards privatisation had already been made at the end of 1990, when employees were given or allowed to purchase limited ownership stakes in their enterprises. |
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