CAPRON H. and DEBANDE O. (1997) The role of the manufacturing base in the development of private and public services, Reg. Studies 31, 683-695. Although industrial employment has been going down over the last two decades, it is argued in this paper that a solid manufacturing base remains a vital...

Insider-privatisation is, due to the political influence of incumbent managers and workers, the predominant form of privatisation in many transition economies. The model argues that while insider-privatisation often provides better managerial incentives, reform governments may not always wish to...