Privatization Wearing Thin in Eastern Europe

The lens of public concern is focused on American-style corporate responsibility and plummeting US stocks. But what has that model meant for Eastern Europe? A dozen years ago, western methods of privatization and investment were embraced by former communist countries. Now the mood is swinging. This hour On Point: measuring the success of the free market experiment in Eastern Europe.

Guests:

John Nellis, senior fellow at the center for Global Development, a Washington,DC think tank that tracks privatization

Elizabeth Williamson, Warsaw-based reporter for the Wall Street Journal;Alexey Sheynin, Latvian entepreneur and publisher