Download Full eBooks in PDF
Privatization Of Public Enterprises Trends And Issues Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of Privatization Of Public Enterprises Trends And Issues book. This book definitely worth reading, it is an incredibly well-written.
Author : Mohd Aijaz
Publisher : Unknown
Page : 102 pages
File Size : 55,7 Mb
Release : 2015
Category : Government business enterprises
ISBN : 8178442256
Author : Dr. Mohd. Aijaz
Publisher : K.K. Publications
Page : 102 pages
File Size : 49,7 Mb
Release : 2022-01-09
Category : Business & Economics
ISBN : 8210379456XXX
Privatization of Public Enterprises: Trends and Issues This book presents a critical assessment of India's disinvestment exercise initiated as part of the larger economic reforms in 1991. The macro-economic crisis of the 1980s exposed the excessive expansion of Public Sector Enterprises (PSEs) which manifested a number of weaknesses in their performance. This domestic crisis was converted into an opportunity when a massive programme of disinvestment of PSEs was launched in a phased manner. A number of PSEs were privatized through the sale of equity to the public. The purpose of the reform was to limit their size and redefine their role to enhance productivity and efficiency. This study intends to review the functioning of the disinvestment drive on empirical grounds. To be precise, it examines to what extent the disinvestment of PSEs is successful on the parameter of financial efficiency, modernization, employment generation, regional imbalance, utilization of proceeds, and methods of privatization. The book provides insight for researchers and policymakers working on this current subject.
Author : Sunita Kikeri,Aishetu Kolo
Publisher : World Bank Publications
Page : 31 pages
File Size : 53,9 Mb
Release : 2005
Category : Privatizacion - Paises en desarrollo
ISBN : 8210379456XXX
"This paper takes stock of recent privatization trends, examines the extent to which government ownership is still prevalent in developing countries, and summarizes emerging issues for state enterprise reform going forward. Between 1990 and 2003, 120 developing countries carried out nearly 8,000 privatization transactions and raised $410 billion in privatization revenues. Privatization activity peaked in 1997 and dropped off in the late 1990s and, while still at overall low levels, is slowly creeping back. While there are a large number of studies assessing the impact of privatization on enterprise performance and overall welfare, there are no systematic data on the extent to which privatization has changed the role of state enterprises in the economy. Anecdotal evidence suggests that the state's role has been substantially reduced in Eastern and Central Europe and in certain countries in Latin America. But available evidence also suggests that, despite a long track record of privatization, government ownership in state enterprises is still widely prevalent in some regions and countries, and in certain sectors in virtually all regions. The paper shows that the costs of not reforming state enterprises are high and that continued efforts need to be made to improve their performance by improving privatization policies and institutions; adopting more of a case-by-case approach for complex sectors and countries; and exposing state enterprises to market discipline through new private entry and exit of unviable firms and improvements in their corporate governance. "--World Bank web site.
Author : Bernardo Bortolotti,Assistant Professor University of Turin Bernardo Bortolotti,Domenico Siniscalco
Publisher : Oxford University Press on Demand
Page : 171 pages
File Size : 52,7 Mb
Release : 2004-03-11
Category : Business & Economics
ISBN : 9780199249343
From 1997 to 2001, more than 4,000 privatization operations have been carried out in more than 100 countries, bringing in government revenues of over 1,362 billion dollars. The phenomenon, which grew exponentially at the end of the 1990s and then abruptly slowed down, had dramatic consequences on the performance of state-owned enterprises and a significant impact on industrialized countries, as well as emerging and less developed economies. Yet there have been surprisingly fewattempts to provide a systematic empirical account of the privatization process at the worldwide level.Why do governments privatize? Why do some countries accomplish large-scale privatization programmes, and others never privatize at all? Is privatization a trend or a cycle? Furthermore, how do governments privatize? Do governments really transfer ownership and control of state-owned enterprises or does private ownership tend to coexist with public control?This book provides some answers to these important questions trying to test research hypotheses set forth by the recent economic theory of privatization.Comprehensive cross-country empirical analyses carried out over a period of more than twenty years are used in the book to show that privatization has taken place all over the world, sometimes spontaneously, more often under the pressure of economic and budgetary constraints. Several of the goals of the privatization have been met, but despite proclamations and programmes, only a small minority of countries has carried out a genuine privatization process, completely transferring ownership ofstate-owned enterprises to the private sector. A lack of political will is to some extent at the root of this reluctance. However this reluctance can be traced back partly to structural factors that would make an orderly privatization difficult, such as the absence of developed capital markets,appropriate regulation, and suitable institutions.
Author : Jan-Erik Lane
Publisher : SAGE
Page : 322 pages
File Size : 53,6 Mb
Release : 1997-12-12
Category : Political Science
ISBN : 9780857026163
Deregulation, privatization and marketization have become the bywords for the reforms and debates surrounding the public sector. This major book is unique in its comparative analysis of the reform experience in Western and Eastern Europe, Australia, New Zealand and Canada. Leading experts identify a number of key factors to systematically explain the similarities and differences, map common problems and together reflect on the future shape of the public sector, exploring significant themes in a lively and accessible way.
Author : Sunita Kikeri,John R. Nellis
Publisher : World Bank Publications
Page : 60 pages
File Size : 40,6 Mb
Release : 2002
Category : Privatizacion
ISBN : 8210379456XXX
Author : Sunita Kikeri,Aishetu Fatima Kolo
Publisher : Unknown
Page : 128 pages
File Size : 40,6 Mb
Release : 2012
Category : Electronic
ISBN : OCLC:931675140
This paper takes stock of recent privatization trends, examines the extent to which government ownership is still prevalent in developing countries, and summarizes emerging issues for state enterprise reform going forward. Between 1990 and 2003, 120 developing countries carried out nearly 8,000 privatization transactions and raised $410 billion in privatization revenues. Privatization activity peaked in 1997 and dropped off in the late 1990s and, while still at overall low levels, is slowly creeping back. While there are a large number of studies assessing the impact of privatization on enterprise performance and overall welfare, there are no systematic data on the extent to which privatization has changed the role of state enterprises in the economy. Anecdotal evidence suggests that the state's role has been substantially reduced in Eastern and Central Europe and in certain countries in Latin America. But available evidence also suggests that, despite a long track record of privatization, government ownership in state enterprises is still widely prevalent in some regions and countries, and in certain sectors in virtually all regions. The paper shows that the costs of not reforming state enterprises are high and that continued efforts need to be made to improve their performance by improving privatization policies and institutions; adopting more of a case-by-case approach for complex sectors and countries; and exposing state enterprises to market discipline through new private entry and exit of unviable firms and improvements in their corporate governance.
Author : Samuel Paul
Publisher : World Bank Publications
Page : 40 pages
File Size : 49,7 Mb
Release : 1988
Category : Privatization
ISBN : IND:30000050583289
Privatization in developing countries has been modest, with little contracting out of services and a wide gap between plans and achievements -- but the push for privatization has limited expansion of public enterprises.
Author : Leroy P. Jones,Pankaj Tandon,Ingo Vogelsang
Publisher : MIT Press (MA)
Page : 241 pages
File Size : 51,7 Mb
Release : 1990
Category : Business & Economics
ISBN : 0262600625
The first book to use economic logic to develop a quantitative approach to making divestiture decisions.
Author : Jan-Erik Lane
Publisher : Unknown
Page : 312 pages
File Size : 47,9 Mb
Release : 1997
Category : Administrative agencies
ISBN : 1446279278
Leading experts from a number of countries examine the similarities and differences, common problems and the future form of the public sector. They argue that public sector reform deals with matters of justice and not just efficiency.
Author : Dennis J. Gayle,Jonathan N. Goodrich
Publisher : Praeger
Page : 498 pages
File Size : 40,6 Mb
Release : 1990
Category : Business & Economics
ISBN : 0899304192
In this volume the leading scholars and practitioners in the field provide a comprehensive, in-depth examination of trends in privatization throughout the world. Focusing primarily on the experiences of seventeen countries--including developing countries, advanced industrial nations, and socialist states--the book explores theoretical approaches toward the issues inherent in privatization and deregulation, specifies techniques for successful privatization, and examines the cost-benefits and limits of privatization policies. The contributors then present a series of twenty detailed case studies which assess the actual problems and prospects associated with privatization and deregulation policy choices across varied sociopolitical systems and a range of economic sectors. The result is the most extensive comparative public policy analysis yet published on the subject of privatization and deregulation. Following an introductory overview which addresses the interaction between privatization, deregulation and market liberalization within both developed and developing country policy environments, the contributors discuss the philosophical bases of privatization policies, examine the seminal experiences of Britain and the United States, and identify factors responsible for successful privatization efforts. This is followed by case studies of privatization in such sectors as finance, transportation, health care, housing, and telecommunications around the world. After special sectoral studies of developing country finance, debt-equity conversions, and international air transport, the authors successively survey the experience of privatization in selected Latin American, Caribbean, West African and Asian developing nations; in the advanced industrial nations of Canada, France, New Zealand, and Sweden; and in the socialist countries of China, Hungary, and Poland. In their conclusion, the editors discuss the immediate implications of the contributors' findings and suggest research directions for the future. Numerous explanatory tables and figures are included, making this an ideal supplemental text for courses in business, government, and public policy.
Author : Donald Cohen,Allen Mikaelian
Publisher : The New Press
Page : 360 pages
File Size : 45,5 Mb
Release : 2021-11-23
Category : Political Science
ISBN : 9781620976623
The book the American Prospect calls “an essential resource for future reformers on how not to govern,” by America’s leading defender of the public interest and a bestselling historian “An essential read for those who want to fight the assault on public goods and the commons.” —Naomi Klein A sweeping exposé of the ways in which private interests strip public goods of their power and diminish democracy, the hardcover edition of The Privatization of Everything elicited a wide spectrum of praise: Kirkus Reviews hailed it as “a strong, economics-based argument for restoring the boundaries between public goods and private gains,” Literary Hub featured the book on a Best Nonfiction list, calling it “a far-reaching, comprehensible, and necessary book,” and Publishers Weekly dubbed it a “persuasive takedown of the idea that the private sector knows best.” From Diane Ravitch (“an important new book about the dangers of privatization”) to Heather McGhee (“a well-researched call to action”), the rave reviews mirror the expansive nature of the book itself, covering the impact of privatization on every aspect of our lives, from water and trash collection to the justice system and the military. Cohen and Mikaelian also demonstrate how citizens can—and are—wresting back what is ours: A Montana city took back its water infrastructure after finding that they could do it better and cheaper. Colorado towns fought back well-funded campaigns to preserve telecom monopolies and hamstring public broadband. A motivated lawyer fought all the way to the Supreme Court after the state of Georgia erected privatized paywalls around its legal code. “Enlightening and sobering” (Rosanne Cash), The Privatization of Everything connects the dots across a wide range of issues and offers what Cash calls “a progressive voice with a firm eye on justice [that] can carefully parse out complex issues for those of us who take pride in citizenship.”
Author : Frank Sader
Publisher : World Bank Publications
Page : 62 pages
File Size : 54,9 Mb
Release : 1995-01-01
Category : Business & Economics
ISBN : 0821333623
"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.
Author : John R. Nellis,Mary M. Shirley
Publisher : World Bank Publications
Page : 100 pages
File Size : 53,5 Mb
Release : 1992-01-01
Category : Business & Economics
ISBN : 0821321811
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.
Author : Mr.Richard Hemming,Mr.Ali M. Mansoor
Publisher : International Monetary Fund
Page : 34 pages
File Size : 49,9 Mb
Release : 1998-09-15
Category : Business & Economics
ISBN : 155775005X
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.