Privatization Surprises in Transition Economies: Employee Ownership in Central and Eastern Europe

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Editorial Reviews

A wide-ranging survey which considers employee ownership within privatization legislation and its diffusion and implementation problems in 14 transitional economies. Ten articles address issues such as enterprise restructuring, employment, wages, productivity, and investment policies. The authors conclude that the employee ownership method has proven to be one of the quickest and has brought with it many positive changes. They also identify possible improvements such as the use of employee ownership in combination with other methods. Annotation c. by Book News, Inc., Portland, Or.
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Product Details

  • ISBN-13: 9781858986210
  • Publisher: Elgar, Edward Publishing, Inc.
  • Publication date: 1/1/1997
  • Pages: 320

Table of Contents

List of Tables and Figures
List of Contributors
1 Introduction: Creating Employee Capitalism in Central and Eastern Europe 1
2 Employee Ownership in the Baltic Countries 49
3 Employee Ownership and Participation in Bulgaria, 1989 to Mid-1996 80
4 The Demise of Employee Ownership in the Czech Privatization Programme? 120
5 Successful Waves of Employee Ownership in Hungary 136
6 Employee Ownership in Polish Privatizations 165
7 Employee Share-ownership in Romania: The Main Path to Privatization 182
8 Rapid Spread of Employee Ownership in the Privatized Russia 204
9 Employee Ownership alongside Hyper-stagflation in Ukraine: Enterprise Survey Results for 1993-95 230
10 Privatization in the Yugoslav Successor States: Converting Self-management into Property Rights 266
Index 301
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