ABSTRACT

A plan for privatization is developed by each enterprise slated for privatization, in collaboration with a working group appointed by the property management committee that is charged with preparing all necessary documents related to privatization. Commission decisions are usually made at a single meeting in which the privatization plan is presented and discussed, although sometimes decisions are postponed until revisions are made in plans that commissions have reviewed. A concern of many analysts is the phenomenon widely known as nomenklaturnaici privatizatsiia, or privatization benefiting primarily people well placed in the former bureaucratic structure of the Soviet Union. By April, then, support among top government officials for the government's privatization program had been seriously compromised. By the end of April 1993, about 68,000 small enterprises had been privatized in retail, public catering, and consumer services, and the privatization of large enterprises was well under way.