The privatization revolution, profit or revenue sharing, and employee participation in enterprise decision making are some of the major characteristics of modern capitalism. Such features can be observed in almost all countries, including Western developed, Third World, and primarily ex-socialist countries. The diffusion of stock ownership, the promotion of economic and industrial democracy, and the globalization of production and finance present new challenges and opportunities and reflect important structural economic and political changes. This book examines all these issues and provides valuable information and suggestions for labor-management relations and international business cooperation.
About the Author:
NICHOLAS V. GIANARIS is Professor of Economics at Fordham University. Gianaris is author of many journal articles and a number of books, including The European Community, Eastern Europe, and Russia: Economic and Political Changes (Praeger, 1994), Contemporary Economic Systems: A Regional and Country Approach (Praeger, 1993), and The European Community and the United States: Economic Relations (Praeger, 1991).