The Amnesia of Reform

Type: Reports Written by Peter Young & Paul Reynolds | Sunday 14 August 1994

A review of post-Communist privatization. The authors find that the purpose of economic reform and privatization had been forgotte nor deliberately ignored in post-Communist countries. Firms were privatized in an unreconstructed and shoddy state, shareholders have no power, monopolies are protected, conflicts between ministries continued. The authors demanded that UK policy change to ensure effective reforms, they outlines new ways to overcome the problems and make privatization popular and beneficial.

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