Comments on: Structural Adjustment and Privatization of the East German Economy — Guidelines for a Privatization Strategy
The paper by Dr. Schnabel is well-written and well organized. It is a comprehensive presentation of three important aspects of reform in the former German Democratic Republic (GDR): (1) the need for restructuring and privatization; (2) the daunting task of the Treuhandanstalt, and (3) the various strategies that can be pursued to privatize the state owned enterprises in the GDR.
KeywordsEconomic Reform Structural Adjustment Public Capital Private Capital German Democratic Republic
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