Privatization, Ownership Change, and Labour Relations
Privatization, Ownership Change, and Labour Relations
This chapter looks at the processes of ownership change and privatization, as a broad category of developments, and as a strategic issue at enterprise level. The discussion is organized around three themes. First it considers the theoretical and ideological significance of privatization as a driving force for transformation. Secondly, it argues for the concept of ownership change as a contested process in preference to ‘privatization’ as a better means for uncovering the role of the enterprise in transformation. Finally, it explores the considerable variations in privatization processes and methods adopted in the different countries and endeavours to explain their significance for labour relations issues. Thus, the chapter provides a bridge from the macroeconomic and political context of the earlier chapters to the enterprise-case-study focus of later chapters.
Keywords: ownership change, privatization, transformation, labour relations
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