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Author: Bulent Seven Publisher: Universal-Publishers ISBN: 1581121741 Category : Business & Economics Languages : en Pages : 456
Book Description
The main aims of this thesis are as follows:(a) To present a comprehensive analysis of the concept of privatisation its origins and limits, (b) To identify the legal and institutional framework for privatisation in different European countries from a comparative perspective; (c) To define and analyse particularly legal issues which arise during the privatisation transactions: e.g. labour law, competition law etc.; (d) To evaluate which features of the successful legal and organisational framework of privatisation have been successful so as to provide guidelines for those individuals and organisations participating in the privatisation exercises.This work found out that there is no simple, internationally applicable recipe for privatisation; various legal methods and techniques can be used to privatise state owned enterprises. Because each country has different circumstances, it is impossible to provide a unique model for privatisation; each country needs to design its own model according to its circumstances.Privatisation is an essential but insufficient element for structural economic reform in the economy and society. Privatisation is not a panacea, it is not the solution to every economic and administrative problem; selling an enterprise to the private sector does not mean an end to all problems. Also privatisation is not an overnight process or a magic touch; it will be a lengthy process. Furthermore, a decision that something can be privatised does not mean that it should be privatised.In that context, privatisation is not good or bad; it is an economic and social instrument. If it is well designed it may bring substantial benefits to the economy and society.In many countries, many state owned enterprises, particularly the ones which are financially weak, have still not been privatised. This finding revealed that the privatisation process will be in the political and economic agenda for at least few more decades.
Author: Bulent Seven Publisher: Universal-Publishers ISBN: 1581121741 Category : Business & Economics Languages : en Pages : 456
Book Description
The main aims of this thesis are as follows:(a) To present a comprehensive analysis of the concept of privatisation its origins and limits, (b) To identify the legal and institutional framework for privatisation in different European countries from a comparative perspective; (c) To define and analyse particularly legal issues which arise during the privatisation transactions: e.g. labour law, competition law etc.; (d) To evaluate which features of the successful legal and organisational framework of privatisation have been successful so as to provide guidelines for those individuals and organisations participating in the privatisation exercises.This work found out that there is no simple, internationally applicable recipe for privatisation; various legal methods and techniques can be used to privatise state owned enterprises. Because each country has different circumstances, it is impossible to provide a unique model for privatisation; each country needs to design its own model according to its circumstances.Privatisation is an essential but insufficient element for structural economic reform in the economy and society. Privatisation is not a panacea, it is not the solution to every economic and administrative problem; selling an enterprise to the private sector does not mean an end to all problems. Also privatisation is not an overnight process or a magic touch; it will be a lengthy process. Furthermore, a decision that something can be privatised does not mean that it should be privatised.In that context, privatisation is not good or bad; it is an economic and social instrument. If it is well designed it may bring substantial benefits to the economy and society.In many countries, many state owned enterprises, particularly the ones which are financially weak, have still not been privatised. This finding revealed that the privatisation process will be in the political and economic agenda for at least few more decades.
Author: United Nations. Economic Commission for Europe Publisher: New York : United Nations ISBN: Category : Business & Economics Languages : en Pages : 168
Author: Pierre Guislain Publisher: World Bank Publications ISBN: Category : Business & Economics Languages : en Pages : 104
Book Description
Divestiture objectives, constraints and approaches differ widely from country to country and enterprise to enterprise. This paper presents a general approach for the development of a legal framework for divestiture of state-owned enterprises in the industrial and services sectors. It does not discuss divestiture of housing, land or agricultural enterprises. It is in no way exhaustive, nor does it purport to capture all the nuances of specific divestiture. On most of the topics covered, specific legal literature exists to which the reader should refer for further information. Macro-legal aspects of divestiture are emphasized, while legal issues arising at the transaction level (the micro-legal aspects of divestiture) will only be addressed incidentally. Non-legal aspects of divestiture are mentioned only to the extent needed for the purpose of the paper. The focus is thus on the development of an overall legal framework conductive to divestiture. The main purpose of this paper is to increase the legal awareness of officials involved in divestiture programs by providing an overview of the range, complexity and potential significance of legal issues that may be encountered.
Author: Pierre Guislain Publisher: World Bank Publications ISBN: Category : Business & Economics Languages : en Pages : 424
Book Description
This book discusses the essential strategic, legal, economic, and institutional issues relating to privatization of state-owned enterprises, with an emphasis on the policy dimensions of privatization. Special attention is given to issues arising in the context of liberalization and privatization of the telecommunications and other infrastructure sectors. The author draws on experiences of countries in all regions to illustrate the dynamic character of privatization. He demonstrates the complexity of the problems that can arise during this process, examines the relevance of available solutions, and provides useful reference points for policymakers, executives, and advisors. Annexes list legislation from more than 100 countries and 500 bibliographic references, as well as specialized journals and Internet resources on privatization.
Author: Bulent Seven
Author: Bulent Seven
Author: United Nations. Economic Commission for Europe
Author: Colloquy on European Law
Author: World Bank. Education and Training Department
Author: Khalid Khan (Advocate)
Author: Bülent Seven
Author: Mohamad Hj. Abdul Hamid
Author: Nasir Zihni Yusoff
Author: Pierre Guislain
Author: Pierre Guislain