In this study, I examine the consequences of public enterprise reforms, privatization and deregulation on employment, wages, real sales and measures of productivity in South Africa. The study employs a conventional labor market model (suggested in work by, inter alia , Brown and Medoff 1988,...

This article examines the impact of public enterprise reform on employment, wages, and measures of productivity in South Africa. Most analyses of the process of enterprise reform have, to date, focussed mainly on the agency problem between managers and owners, changes in management organisation,...