Abstract
Analyses the role of the Treuhand in promoting inward foreign direct
investment, labour productivity and employment in the former East
Germany. Argues that the Treuhand should concern itself not only with
privatization but also with restructuring of the firms on its books. In
the absence of restructuring, privatization may only mean a mere
transfer of ownership without any improvement in the productive
efficiency of the firms. Concludes by arguing that the Treuhand should
promote management contracts between foreign firms and the firms on its
books with a view to enhancing the managerial and productive efficiency
of the firms.
Subject
Management of Technology and Innovation,Organizational Behavior and Human Resource Management,Strategy and Management
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