In many parts of the world public enterprise is in crisis. Privatization programmes are being widely touted as the solution to many of the problems of inefficiency and slow rates of growth associated with public enterprise. This book discusses the underlying causes of those problems, and critically examines some of the solutions that have been adopted. Its geographical coverage is wide and it cuts across the political spectrum. The experiences of countries in four continents are analyzed in an attempt to shed light on current dilemmas. Recurrent patterns are found; problems are frequently...

The collapse of socialism in Eastern Europe continues to have profound and far-reaching implications. In the former socialist states, immediate concerns are largely economic and, in particular, the move to privatization. However, these implications are not restricted to Europe. They have also had a powerful effect on those countries which continue as one-party states under some form of communist government. In Revitalizing Socialist Enterprise, the authors place privatization in the wider context of restructuring governments, industries, enterprises and management. The book also examines the...