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Author:Cook, J.
Title:Monopoly capitalism
Journal:Business Central Europe
1996 : JUN, VOL. 6:32, p. 27-29
Index terms:ECONOMICS
EUROPE
ECONOMIC CONDITIONS
Language:eng
Abstract:Slovakia's MBO privatisation programme is rightly criticised for being politically driven and grossly unfair. But a look at two of the companies involved in the scheme suggests it should work. "How do you privatise an economy with no money?" asks a senior Western banker in Bratislava. "If you are the Slovak government, you play monopoly capitalism," he says, "and its primary aim is to shut out the foreigner."
SCIMA record nr: 153344
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