Subject category:
Ethics and Social Responsibility
Published by:
Harvard Kennedy School
Length: 24 pages
Topics:
Europe; Privatization
Share a link:
https://casecent.re/p/7440
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Abstract
In the first year of a post-communist Russia, the Moscow Privatization Agency grapples with determining the best means toward a suddenly acceptable end: privatization of the thousands of small businesses of Moscow. Notwithstanding six months of Privatization Agency consideration of various approaches and development of specific proposals, the mayor''s office announces, instead, a comparatively precipitous plan to allow operators of existing businesses to become their owners. The case, by recapitulating the review process of the Privatization Agency and contrasting its proposals with those put forward by the mayor, allows for a wide-ranging discussion of alternative privatization approaches in former East bloc nations. More broadly, it can provoke discussion of the relationship between planners and political decision-makers in a setting where there is public demand for swift action.
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Abstract
In the first year of a post-communist Russia, the Moscow Privatization Agency grapples with determining the best means toward a suddenly acceptable end: privatization of the thousands of small businesses of Moscow. Notwithstanding six months of Privatization Agency consideration of various approaches and development of specific proposals, the mayor''s office announces, instead, a comparatively precipitous plan to allow operators of existing businesses to become their owners. The case, by recapitulating the review process of the Privatization Agency and contrasting its proposals with those put forward by the mayor, allows for a wide-ranging discussion of alternative privatization approaches in former East bloc nations. More broadly, it can provoke discussion of the relationship between planners and political decision-makers in a setting where there is public demand for swift action.