¥Administrators & directors all part
of nomenklatura class
¥Question of rights
of administrators vs. directors
¥In transition a
power shift has occurred from central administrators –> enterprise directors
¥Privatization – de facto spontaneous privatization by bureaucracy, nomenklatura, and former Party officials
¥Question of
privatization as:
–Kleptocracy / theft with monopolistic inefficiency
remaining intact?
–Efficiency gains?
–Wealth personalization?
–