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

Product Description 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. Review ...this is far and away the finest book on the Albanian economy in the 1990s to have appeared thus far. --- Adi Schnytzer, Slavic Review, Vol. 59, No. 2, Summer 2000