Privatization in eastern Europe

Jeremy Seddon

European Management Journal, 1990, vol. 8, issue 4, 500-508

Abstract: As an adviser to governments and companies in this field, Jeremy Seddon is well placed to comment on privatization schemes. Privatization of industry and commerce in Eastern Europe is a must as a result of the appalling legacy of central planning. Seddon looks at the rationale behind privatization, the obstacles that need to be defeated and some strategies. He believes that the principal method of privatization will be by sale of state-owned businesses either to existing private sector companies, to investors via a stock market or to employees of the business concerned. The consequences of these different types of transactions are of great interest to governments and companies and all "Eastern Europe-watchers".

Date: 1990
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