Slovene Privatization ESOP

This 1991 paper, coauthored with Uros Korze and Marco Simoneti, described the type of ESOP model in the Mencinger-Korze-Simoneti draft privatization legislation. The legislation was eventually blocked by the efforts of Jeff Sachs, reactionary Slovene emigres, and perhaps the World Bank. However their draft voucher privatization law was also defeated so Slovenia went for many years without a privatization law.

Click here to down the paper.