Hella Engerer analyzes the emergence, evolution, and theory of property rights and establishes the limits for privatization of state-owned enterprises in the transitional economies of Eastern Europe She counters the assumption that reduction of thestate sector helps to create the basis for a private property system, showing that privatization ожллл presupposes a stable framework for property This is a major contribution to the understanding of the emerging economic order of Central and Eastern Europe.  WilliamISBN 0333751426.