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The Veil of Vouchers

The author exposes some of the myths still surrounding the use of vouchers in mass privatization. He explains why using vouchers will not affect the price level in the economy-even though they carry a face value. He shows that vouchers allow assets...

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Bibliographic Details
Main Author: Ramachandran, S.
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
DENATIONALIZATION
GOVERNMENT OWNERSHIP
MONETARY THEORY
ASSETS
TRANSITION ECONOMIES
VOUCHER SYSTEMS AFFILIATED ORGANIZATIONS
AUCTION
BID
BIDDERS
BIDDING
BOOK VALUE
COLLUSION
EXCESS SUPPLY
GNP
GOVERNMENT BONDS
INFLATION
MARKET ECONOMY
MARKET PRICES
MARKET VALUE
PRICE DISTORTIONS
PRICE LEVELS
PURCHASING
PURCHASING POWER
SALES
SPREAD
VOUCHER
VOUCHERS
WEALTH
Online Access:http://documents.worldbank.org/curated/en/1997/04/441451/veil-vouchers
http://hdl.handle.net/10986/11590

Internet

http://documents.worldbank.org/curated/en/1997/04/441451/veil-vouchers
http://hdl.handle.net/10986/11590

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