Employee Ownership in Privatization

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Employee ownership in privatization: an analysis of the uses (and abuses) of employee ownership in the privatization process internationally.

Employee ownership has been used as a privatization strategy in such diverse countries as Britain, Chile, Egypt, Jamaica, the United States, and Zimbabwe. It has, however, been most generally used in privatization in the former socialist countries of Central and Eastern Europe, the former Soviet Union, and in the People's Republic of China. It has been initiated under leaders of widely divergent political persuasions such as Margaret Thatcher, Bill Clinton, Mikhail Gorbachev, and General Pinochet.