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Home > Resources > Other Publications > Privatization Project (1991-1994) |
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Privatization Project (1991-1994)
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Zhanisek S. Karibzhanov
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05/04/94
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Kazakhstan has enormous resources and a literate population, but this large country is heir to exploitative methods of economic development that have ravaged the environment.
"There is no more clear experience of what happens when you allow government to establish a monopoly than that of driving a Trabant versus driving a Mercedes-Benz or a BMW."
The process of privatization provides the tool most needed to keep both the economy and politics working: it provides confidence and trust from the people - and privatization equals accountablilty.
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Peter G. Peterson
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01/26/94
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If we in the United States are to get our long-term economic act together, we must address three imperatives: economic, moral, and political.
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Edward G. Rendell
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01/19/94
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With privatization, employees no longer think about how they might just "get through the week," but rather that they had "better shape up" or "wind up being the next to go."
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Leszek Balcerowicz
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11/29/93
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"Entrepreneurs respond whenever you lift restrictions. One can say that the private market economy is a natural state of society."
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Gerald M. McEntee
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10/22/93
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"We must rebuild the social compact, the belief that government can and should serve all the people of this nation."
The Privatization Task Force proposes "competition with winners selected purely on the basis of quality and price, regardless of private or public sector status."
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Robert W. Poole, Jr.
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05/07/93
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"We need to create a new industry of firms that finance, design, build, own, and operate major infrastructure . . . a new paradigm for infrastructure in this country."
Crown corporations were created not out of ideological fervor, but pragmatically, to serve social, cultural, and economic priorities the private sector could not be expected to meet at that time.
"Two years ago there were no private shops in the Czech lands. Now, about 60-70 percent of retail, trade, and services are back in the hands of private entrepreneurs."
Mass privatization in Poland may be the solution for sound companies with growth potential that cannot yet attract investors, domestic or foreign.
The Russian privatization program is overtly political. To make privatization work, managers, local governments, and workers' collectives need incentives to push for it.
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Stephen Goldsmith
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11/20/92
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"The antithesis of populism is when government taxes its citizens, takes money out of their pockets, and says it knows how to spend their money better than they do."
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Benno C. Schmidt, Jr.
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10/20/92
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"America's future will tend inevitably and inexorably to reflect the quality or the absense of quality of our schools."
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Hernando de Soto
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10/05/92
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"The word 'privatization' doesn't work when you're talking about the private rights of poor people. In my country the terminology's all wrong. It is associated with oligarchy. It means the privileged few."
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Christoph Reimnitz
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06/26/92
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Founded in East Germany in March 1990, the Treuhandanstalt had facilitated the privatization of over 7,000 enterprises by June 1992 and generated revenues of $17.5 billion and investment pledges of $80 billion.
For society to benefit from the deep-seated desire to fulfill human needs, it is the responsibility of government to unleash ownership and channel it to those needs - and to ensure that the profit motive is made to do what society most requires.
Sweden must implement radical economic changes. Obstacles to foreign investment, government regulations, state-owned companies, monopolies and discriminatory policies against small businesses must be removed.
Privatization is changing the face of the world and, "just as we must rethink what we used to assume about the extent and importance of privatization, we must also correct some misconceptions about it."
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Ronald S. Lauder
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02/28/92
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"What is amazing is that this country, which was the teacher of the world on what private individuals can do, has become the student."
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James C. Miller III
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01/31/92
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"Opposition to privatization is entrenched on Capitol Hill, and those that are threatened by privatization lobby very hard to retain their priviliged position."
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Valeri Chernogorodsky
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10/01/91
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"Since the course of the Russian government is the integration of our economy into that of the worlds', our rules must be compatible with the rules accepted in the world."
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Brian W. Pomeroy
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09/20/91
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"No one should underestimate the extent to which political will, commitment, and singlemindedness was needed to implement the British privatization program."
"Mrs. Thatcher made absolutely certain that when privatization took place, no one could gain more than a small number of shares. Privatization was not for fat cats."
"No economic reform is intended in Czechoslovakia - but a total transformation of the economy."
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William H. Doherty
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04/26/91
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"American labor is not opposed to privatization; we are for any economic system that works."
^ Top
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From 1991-1994 the Carnegie Council initiated a major project to examine the global phenomenon of privatization. Council members and corporate leaders from the United States, Canada, Russia, Sweden, Eastern Europe, and South America participated in this enterprise. The Council distributed transcripts from the monthy seminars and conferences to over two thousand people in government, business, academe, labor, and the media.
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