Herbert B. Schmidt
Herbert B. Schmidt (born April 23, 1931, in East Prussia) is a German economist and public policy advisor best known for his work in privatization in the former East Germany and Eastern Europe.[1] Schmidt is considered the author of the "German Method" of privatization, in which shares of a state-owned company are tendered to the private sector buyer offering the best bid considering a number of factors including price, numbers of jobs guaranteed, environmental remediation, and other concerns.[2]. Schmidt was the chief privatization advisor to Estonian Prime Minister Maart Laar[3], and is a former economics minister of the German Lander of Saxony. From --- to --- he was Commissioner of the Securities Commission of Bosnia and Herzegovina[4]. In 1998 he was awarded the Order of the White Star of Estonia[5] for his work with the Treuhandanstalt in that country.
References:
Methods of Privatization, Andrew Berg and Elliot Berg, Journal of International Affairs, Vol. 50, 1997.
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=999980
http://www.amazon.co.uk/Privatization-former-Soviet-Union-experience/dp/B0006P9FA0
Alfred Müller-Armack/Herbert B. Schmidt (Hg.): Wirtschafts- und Finanzpolitik im Zeichen der sozialen Marktwirtschaft. Festgabe für Franz Etzel, Stuttgart-Degerloch 1967.
- ^ Im Freien Estland, Hennig von Wistinghausen, Bohlau Verlag, 2004, p.323.
- ^ Privatization in Developing Countries, John Nellis, SAIS Review, Vol. 27, No. 2, 2007.
- ^ Privatization in Estonia, Erik Terk, Estonian Institute for Future Studies, 2000.
- ^ IZVJEŠĆE O RADU, Komisije za Veijednosne Papire, Federation of Bosnia and Hercegovine, 2001.
- ^ http://vp1992-2001.vpk.ee/eng/ametitegevus/Valgetaht.asp