Privatization Or Public Enterprise Reform? PDF Download

Author: Ali Farazmand
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 296

View

Book Description
This book explores the complex question, "Is privatisation a good public policy?"

Author: Barbara W. Lee
Publisher: World Bank Publications
ISBN: 9780821316665
Category : Business & Economics
Languages : en
Pages : 40

View

Book Description
State-owned enterprises were the dominant players in socialist economies during the past four decades. Yet most such governments had become dissatisfied with these enterprises over time. Among the main problems were: -- Inefficiencies of production methods -- Stagnating production rates -- Poor quality of the items produced -- High pollution rates -- Lack of technological innovation This report review the attempts of seven socialist countries to reform their state-owned enterprises -- Algeria, China, Hungary, Laos, Mozambique, Poland, and Yugoslavia. The report assesses the experience of these countries to date and forecasts future prospects for reform. Through their analysis, the augthors provide guidance for other socialist countries seeking to open their economies.

Author: Asl? Demirgüç-Kunt
Publisher: World Bank Publications
ISBN:
Category : Empresas publicas
Languages : en
Pages : 70

View

Book Description
Public enterprise reform is more successful in countries whose financial systems are relatively well developed. Countries seeking to implement broad public enterprise reforms achieve greater success if they also implement substantial and well- designed financial reforms.

Author: Y. Venugopal Reddy
Publisher:
ISBN:
Category : Government business enterprises
Languages : en
Pages : 236

View

Book Description

Author: Merih Celasun
Publisher: Routledge
ISBN: 1134562349
Category : Business & Economics
Languages : en
Pages : 344

View

Book Description
In the rapid world-wide spread of privatization, progress in the Middle East and North Africa region has been markedly slow. This volume argues that a high level of overstaffing in public enterprises and the inability of economies to create jobs fast enough is mainly responsible for this. An in-depth study of the facts and a well-supported conclusion makes this an impressive collection of work on a very pertinent subject.

Author: Ahmed Galal
Publisher: World Bank Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 80

View

Book Description
This paper describes the current approach to public enterprises (PE) reform and privatization, assesses the reform experience to date, and suggests, on the basis of findings, a research agenda. The author highlights some deficiencies in reform design and implementation and suggests some remedies. A research agenda is proposed to meet emerging challenges. It is noted that a priority is reforming PEs in socialist economies, making divestiture work for economic development, and improving the interface between public and private enterprises to maximize the contribution of both to society. The paper concludes that the effect of attempted reforms on the performance of PEs, while insufficiently analyzed, appears to be positive.

Author: Mary M. Shirley
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 116

View

Book Description
This book tries to systematize the lessons learned in the past two decades of public enterprise reform to correct the perceived deficiencies of state-enterprise sectors in Africa, Asia, and Latin America. It addresses the macroeconomic adjustments typically required in the effort to fashion a more open and competitive economy - liberalizing trade and ending preferential treatment for state enterprises; shifts toward market-oriented financing in the banking system; moves toward market pricing and reforming the institutional structure for setting tariffs; and establishing more competitive and evenhanded compensation and staffing policies in state enterprises. It argues that with macroeconomic reforms under way, government needs to ground its reform of state enterprises in an assessment of the purposes to be served by its state-owned sector. It describes how reforming the relationship between government and its enterprises entails striking a delicate balance between autonomy and accountability. The report examines the mechanisms used by governments in a variety of developing countries to set goals for state-owned firms and to evaluate their performance. It addresses the promise and the risks of privatization, whether through outright sales, management contracting, leasing, franchising, contracting-out, or encouraging new entrants into the private sector. It also offers an overview of the task facing governments with a failing public enterprise sector.

Author: Mr.Richard Hemming
Publisher: International Monetary Fund
ISBN: 9781557750051
Category : Business & Economics
Languages : en
Pages : 34

View

Book Description
This paper examines the role that privatization can play within a wider strategy designed to overcome the problems associated with public enterprises. For this purpose, privatization is defined as a transfer of ownership and control from the public to the private sector, with particular reference to asset sales. It is therefore equated with total or partial denationalization. Economic efficiency is not only the key to improving the performance of the public enterprise sector, but is also the source of other gains often attributed to privatization, in particular, its favorable budgetary impact. To public enterprises that are subject to national or international competition, privatization offers the possibility of increased productive efficiency as government financial backing is withdrawn and bankruptcy and takeover become possibilities. The admissibility and desirability of privatization, as well as what types of enterprise should be privatized, ought to be determined by similar considerations in both industrial and developing countries.

Author: Ravi Ramamurti
Publisher: World Bank Publications
ISBN: 9780821318638
Category : Business & Economics
Languages : en
Pages : 344

View

Book Description

Author: Laxmi Narain
Publisher: S. Chand Publishing
ISBN: 9788121904926
Category : Business & Economics
Languages : en
Pages : 458

View

Book Description
A number of public enterprise (PE) executives have long felt the need for a book which would provide necessary information and analysis of various dimensions of PE management and privatisation. The book provides at one place, a precise and authoritative account of the concept, policy, and analysis of major issues confronting PEs. Public ownership per se does not make PE performance sub-optimal. The operation of the Government system, of which PE is a sub-system, has not been conducive to performance. During the last six decades, inadequate political will and vested interests have come in the way of freeing PEs from excessive and throttling controls, and demoralising accountability. Not letting the managers manage with the freedom required in the liberalised and globalised set-up is the problem. The multifarious and complex managerial problems of PEs, which get compounded by faltering moves towards privatisation, cannot be wished away. These have been considered in the book at some length. The book, first published in 1980, continues to be a standard work on the subject. This latest edition has been revised by Dr. R.K.Mishra, Director, Institute of Public Enterprise,Hyderabad.