Privatizing government enterprises is one of the most difficult tasks in the transformation process taking place in the former socialist economies. What contribution do management buy-outs have to make in coping with that task?

Partial privatisation, in which a more or less large number of residul shareholdings remain in the hands of the state, is a widespread phenomenon in the countries of Central and Eastern Europe. The following paper compares experiences in Poland with those of the UK, where there has been...

Among the many contraints facing all participants in the international division of labour in the present decade, some seem to affect centrally planned economies (CPEs) to a greater extent than other countries. The CPEs' additional problems are due, according to Prof. Winiecki, to specific,...

The choice to a company among exporting, acquiring other firms, licensing products and services, and entering into strategic alliances with other business firms is often strongly influenced by governmental policies and practices. In turn, companies' responses to such influences have increasing...

After the United States Western Europe is Latin America’s biggest export market — a market full of opportunities and yet fraught with many difficulties. Sales chances here for Latin America are determined partly by the kind of products It can offer and partly by its marketing operations. It...

In 1990 the privatisation debate in the ex-socialist countries advanced considerably. By now, the fundamental importance of private property for a market economy and the pitfalls of employee-ownership schemes are rarely disputed. Instead, the need for rapid privatisation and suitable methods of...