The Evolving Bargain provides the first in-depth look at the impact of deregulation and privatization on managers' strategic agendas in industries around the world. Emmons emphasizes that these reforms are not one-time events, but dynamic processes that shape the ongoing relationship, or bargain, between governments and affected enterprises. He also shows how the contexts of both industry and country influence a firm's strategic options and performance outcomes within its evolving bargain. Based on extensive research and interviews with over 150 industry executives, investors, and government officials worldwide, this book offers a practical framework for understanding the challenges and potential rewards for established and new ventures alike. Drawing upon rich examples from North and South America, Europe, and Asia, Emmons details how winners and losers emerge, and distills key lessons managers can apply as they prepare their own companies for competition in this new environment. The first book to examine this timely issue through a managerial lens, The Evolving Bargain is an essential guide for companies looking to conquer the complexities, and harness the opportunities, of the new market economy. Looks at the effects and dynamic processes of the management strategies that have taken effect since the surge in deregulation and privatization. Discusses current research and contains interviews with over 150 industry executives.