Voucher Privatization
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High Quality Content by WIKIPEDIA articles! Voucher privatization 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, Poland, Bulgaria, Slovenia and Czechoslovakia.A way in which vouchers are used for partial privatization is the government requiring taxpayers to pay for a service whether they use it or not and allowing them to choose their...
High Quality Content by WIKIPEDIA articles! Voucher privatization 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, Poland, Bulgaria, Slovenia and Czechoslovakia.A way in which vouchers are used for partial privatization is the government requiring taxpayers to pay for a service whether they use it or not and allowing them to choose their service provider. Each citizen is given vouchers allowing them to use that service (or a certain amount of it) at government expense. Examples include education vouchers and shadow tolling.
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