The Amnesia of Reform

A review of post-Communist privatization. The authors find that the purpose of economic reform and privatization had been forgotten 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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