Voucher privatization

Privatization voucher used in Czechoslovakia

Russian 'privatization check (voucher)', 1992

Voucher privatization (Czech: Kupónová privatizace, Russian: Ваучерная приватизация, romanized: Vauchernaya privatizatsiya) is a privatization method where citizens are given or can inexpensively buy a book of vouchers that represent potential shares in any state-owned company. Voucher privatization has mainly been used in the early to mid-1990s in the transition economies of Central and Eastern Europe — countries such as Russia, Bulgaria, Slovenia, Czechoslovakia, Hungary, Estonia, Latvia and Lithuania.

See also

• History of post-Soviet Russia
• Viktor Kožený
• Privatization in Russia

External links

• David Ellerman, "Lessons From East Europe’s Voucher Privatization", The Capital Ownership Group (virtual think tank).