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Privatizing Public Enterprises and Foreign Investment in Developing Countries, 1988-93

Privatizing Public Enterprises and Foreign Investment in Developing Countries, 1988-93 PDF Author: Frank Sader
Publisher: World Bank Publications
ISBN: 9780821333624
Category : Business & Economics
Languages : en
Pages : 62

Book Description
"Analyzes impact of privatization programs on direct foreign investment (DFI). Uses econometric techniques to demonstrate that infrastructure privatization is highly correlated with higher levels of subsequent DFI capital inflows"--Handbook of Latin American Studies, v. 57.

Privatizing Public Enterprises and Foreign Investment in Developing Countries, 1988-93

Privatizing Public Enterprises and Foreign Investment in Developing Countries, 1988-93 PDF Author: Frank Sader
Publisher: World Bank Publications
ISBN: 9780821333624
Category : Business & Economics
Languages : en
Pages : 62

Book Description
"Analyzes impact of privatization programs on direct foreign investment (DFI). Uses econometric techniques to demonstrate that infrastructure privatization is highly correlated with higher levels of subsequent DFI capital inflows"--Handbook of Latin American Studies, v. 57.

Privatization

Privatization PDF Author: John R. Nellis
Publisher: World Bank Publications
ISBN: 9780821321812
Category : Business & Economics
Languages : en
Pages : 100

Book Description
Governance, as defined by the World Bank in its 1992 report, Governance and Development, is the manner in which power is exercised in the management of a country's economic and social resources for development. The report deemed it is within the Bank's mandate to focus on the following: -the process by which authority is exercised in the management of a country's economic and social resources -the capacity of governments to design, formulate, and implement policies and discharge functions. Also available: Governance: The World Bank's Experience (ISBN 0-8213-2804-2) Stock No. 12804.

Reforming Infrastructure

Reforming Infrastructure PDF Author: Ioannis Nicolaos Kessides
Publisher: World Bank Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 328

Book Description
Electricity, natural gas, telecommunications, railways, and water supply, are often vertically and horizontally integrated state monopolies. This results in weak services, especially in developing and transition economies, and for poor people. Common problems include low productivity, high costs, bad quality, insufficient revenue, and investment shortfalls. Many countries over the past two decades have restructured, privatized and regulated their infrastructure. This report identifies the challenges involved in this massive policy redirection. It also assesses the outcomes of these changes, as well as their distributional consequences for poor households and other disadvantaged groups. It recommends directions for future reforms and research to improve infrastructure performance, identifying pricing policies that strike a balance between economic efficiency and social equity, suggesting rules governing access to bottleneck infrastructure facilities, and proposing ways to increase poor people's access to these crucial services.

World Development Report 1994

World Development Report 1994 PDF Author:
Publisher: World Bank Publications
ISBN: 9780195209921
Category : Business & Economics
Languages : en
Pages : 268

Book Description
World Development Report 1994 examines the link between infrastructure and development and explores ways in which developing countries can improve both the provision and the quality of infrastructure services. In recent decades, developing countries have made substantial investments in infrastructure, achieving dramatic gains for households and producers by expanding their access to services such as safe water, sanitation, electric power, telecommunications, and transport. Even more infrastructure investment and expansion are needed in order to extend the reach of services - especially to people living in rural areas and to the poor. But as this report shows, the quantity of investment cannot be the exclusive focus of policy. Improving the quality of infrastructure service also is vital. Both quantity and quality improvements are essential to modernize and diversify production, help countries compete internationally, and accommodate rapid urbanization. The report identifies the basic cause of poor past performance as inadequate institutional incentives for improving the provision of infrastructure. To promote more efficient and responsive service delivery, incentives need to be changed through commercial management, competition, and user involvement. Several trends are helping to improve the performance of infrastructure. First, innovation in technology and in the regulatory management of markets makes more diversity possible in the supply of services. Second, an evaluation of the role of government is leading to a shift from direct government provision of services to increasing private sector provision and recent experience in many countries with public-private partnerships is highlighting new ways to increase efficiency and expand services. Third, increased concern about social and environmental sustainability has heightened public interest in infrastructure design and performance.

East and West European Public-private Partnerships

East and West European Public-private Partnerships PDF Author: Borislav Grahovac
Publisher: Nova Publishers
ISBN: 9781594540738
Category : Business & Economics
Languages : en
Pages : 204

Book Description
This book deals with an increasingly important topic. As governments are expected to provide their citizens with more services at less cost, the traditional vehicles of public sector agencies and companies prove to be too expensive. New forms of providing public services are needed. The study explains the basis for public ownership and how public ownership forms have changed over time to accommodate requirements of efficiency in economic and social environments that have become more complex. The book examines experiences in specific sectors and the form of management of public companies that have emerged, with a particular focus on the energy and communications sectors where government ownership has traditionally dominated.

Bureaucrats in Business

Bureaucrats in Business PDF Author:
Publisher: World Bank Publications
ISBN: 9780195211061
Category : Business & Economics
Languages : en
Pages : 370

Book Description
Refer review of this policy book in 'Journal of International Development, vol. 10, 7, 1998. pp.841-855.

State-Owned Enterprises in the Middle East and North Africa

State-Owned Enterprises in the Middle East and North Africa PDF Author: Merih Celasun
Publisher: Routledge
ISBN: 1134562357
Category : Business & Economics
Languages : en
Pages : 321

Book Description
Experienced contributors with a balanced and realistic view of the prospects for privatization and the reform of state-owned enterprises in the Middle East and North Africa Clearly written and well structured, with numerous useful references to other studies at the end of each chapter

Privatization South American Style

Privatization South American Style PDF Author: Luigi Manzetti
Publisher: Oxford University Press, USA
ISBN: 9780198294665
Category : Business & Economics
Languages : en
Pages : 402

Book Description
It also examines the apparently 'unconventional' methods at times used by the governments of Argentina, Brazil, and Peru to achieve privatization."--Jacket.

Privatization and Foreign Investments in Nigeria

Privatization and Foreign Investments in Nigeria PDF Author: Lawrence Okechukwu Azubuike
Publisher: Universal-Publishers
ISBN: 1599425009
Category : Business & Economics
Languages : en
Pages : 275

Book Description
Nigeria's political economy has straddled the ideological divide between socialism and capitalism. The country produces oil, and at some point in its existence, it embarked on robust state involvement in the economy. This was marked by the acquisition, or establishment, of numerous state enterprises. Over the years, the performance of these enterprises was found to be dismal, and as part of the overall reform of the economy, Nigeria has joined the global trend toward reduction in direct state ownership of enterprises. Indeed, it has embarked on massive divestment of state interests in once publicly owned firms. Besides the universal rationale of efficiency, one of the objectives of the privatization exercise in Nigeria is the attraction and retention of foreign investments. This work examines the direct and indirect linkage between the government's divestiture of its interests in firms, on the one hand, and foreign investments in the country, on the other hand. The book is divided into seven chapters. Chapter 1 reviews the political and economic history of Nigeria, to set the background and context that necessitated the introduction of the reform package of which privatization is just an aspect. Chapter 2 is a discussion of various natures of state involvement in an economy. This ranges from mere regulation to active participation. The chapter discusses the competing conceptual and ideological theories and tries to situate the Nigerian experience within the broader conceptual dichotomies of capitalism, socialism and the via media of mixed economy. Chapter 3 is an examination of the meaning and rationales for privatization of state owned enterprises generally and the Nigerian attempts in particular. Nigeria's privatization program is an ongoing exercise. Yet two distinct attempts are identifiable: one which started in 1988 and the reinvigoration of the exercise, albeit with new constitutive frameworks, in 1999. Thus, Chapters 4 and 5 review the legal and institutional frameworks for these two exercises. Chapter 6 deals with foreign investments in Nigeria. The discussion encapsulates the pros and cons of foreign investments, especially in Nigeria. Chapter 7 explores the direct and indirect linkages between the privatization program in Nigeria and foreign investments in the country. This is particularly apposite because one of the touted objectives of the privatization exercise is the attraction of foreign investments. A conclusion follows. The work finds that although foreign investments appear to have been indirectly boosted by the privatization exercise, foreign investors initially did not show interest in direct acquisition of the shares and other interests being relinquished by the government, but that that attitude has been changing gradually.

From Crisis to Renewal

From Crisis to Renewal PDF Author: Kempe Ronald Hope
Publisher: BRILL
ISBN: 9004491686
Category : Social Science
Languages : en
Pages : 226

Book Description
This volume deals with crisis and renewal in African development policy and management. It digs deep into, takes stock of, and thoroughly analyzes the nature, impact, and future of development policy and management on the continent. It demonstrates the failure of post-independence policy and management in most of Africa, traces the emergence and results of reform measures, and advocates the lessons of success for the rest of Africa derived from Botswana’s approach to sustainable development and its achievement of economic prosperity and the maintenance of political stability and good governance. It concludes, rather optimistically, that the prospects for sustainable development are much better now than they have ever been before with the 21st century likely to be hailed as ‘The African Century’ – bringing with it a durable peace and sustainable growth.