Public Enterprises Performance And The Privatization Debate
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Public Enterprises Performance And The Privatization Debate
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Author : African Association for Public Administration and Management (Addis Ababa, Ethiopia)
language : en
Publisher:
Release Date : 1987
Public Enterprises Performance And The Privatization Debate written by African Association for Public Administration and Management (Addis Ababa, Ethiopia) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Africa categories.
Privatization
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Author : Graeme Hodge
language : en
Publisher: Routledge
Release Date : 2018-03-09
Privatization written by Graeme Hodge and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-03-09 with Political Science categories.
Contracting out public sector services and divesting public enterprises are reforms that have enjoyed widespread global popularity in recent years. Better services, lower prices and greater accountability are the promises made by politicians, senior executives, and investment companies when functions are moved from the public sector to private enterprise. But in Privatization, Graeme A. Hodge challenges these assumptions. Through an examination of hundreds of international studies on the performance of privatization activities, Hodge demonstrates that privatizing public services is often not the guaranteed panacea portrayed by its political supporters. Importantly, privatization activities can lead to modest gains, but there are also winners and losers in this reform. It therefore deserves far more care and balanced debate than it usually attracts.
Privatization And Public Enterprises
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Author : Mr.Richard Hemming
language : en
Publisher: International Monetary Fund
Release Date : 1998-09-15
Privatization And Public Enterprises written by Mr.Richard Hemming and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-09-15 with Business & Economics categories.
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.
Public Versus Private Ownership
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Author : Mary M. Shirley
language : en
Publisher: World Bank Publications
Release Date : 2000
Public Versus Private Ownership written by Mary M. Shirley and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Competition categories.
Disappointment with insider trading in Russia, with voucher privatization in the Czech Republic, and with the privatization of infrastructure in many developing countries in many developing countries has spawned new critiques of privatization. How do theory and empirical evidence answer the much-debated questions, which is more important to performance, competition or private ownership? Are state enterprises more subject to welfare-reducing interventions by government than private firms are? Do state enterprises suffer more from problems of corporate governance?
Reforming Public Enterprises
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Author : R. K. Mishra
language : en
Publisher: Gyan Publishing House
Release Date : 2008
Reforming Public Enterprises written by R. K. Mishra and has been published by Gyan Publishing House this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Fiction categories.
Public enterprises reforms occupy the central place in the schemes of economic reforms in India. In many developing countries opting for economic reforms, public enterprise reforms have come at the beginning of the cycle of economic reforms. In India, it has not happened so and the results are there for us to see. The present book makes an attempt to present a case for reforming public enterprises in India and also the agenda for action for this purposes. It outlines the challenges ahead for public enterprises and the need for reforms viewed from the global perspective. It outlines the performance of the public enterprises and the areas requiring the attention of the reformers. It presents the case of a state in which reforms have to be carried out and the context for such reforms. It identifies regulations as one of the key component of the reforms. The book also elucidates the reform experience of some of the states. It presents a balanced view of the theory and practice of public enterprise management in the reform context. It incorporates case studies of nine public enterprises to demonstrate the need and effect of economic reforms.
Privatization Or Public Enterprise Reform
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Author : Ali Farazmand
language : en
Publisher: Praeger
Release Date : 2001
Privatization Or Public Enterprise Reform written by Ali Farazmand and has been published by Praeger this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.
This book explores the complex question, "Is privatisation a good public policy?"
Privatization And State Owned Enterprises
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Author : Paul W. Macavoy
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Privatization And State Owned Enterprises written by Paul W. Macavoy and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
The book is divided into three major sections. The first presents a theoretical discussion that underlies the other essays. The second section deals with privatization issues from the perspective of the United States. The third describes research addressed to the U. K. and Canada. In the first chapter, Richard Zeckbauser and Murray Horn develop a wide-ranging theoretical framework for assessing the capabilities and role of state-owned enterprises; it provides a foundation for the analyses that follow. In The Control and Perfonnance o[ State-Owned Enterprises , they describe state-owned enterprises as an extreme case of the separation of ownership and control. The focus is on management --the incentives it faces and the conflicts to which it is subjected. The distinguishing characteristics of public enterprise, the authors suggest, give it a comparative advantage over both public bureaucracy and private enterprise in certain situations. They argue that legislators are more likely to prefer SOEs over private enterprise when the efficiency of private enterprise is undermined by regulation or the tbreat of opportunistic state action, when the informational demands of subsidizing private production to meet distributional objectives are high, when it is difficult to assign property rights, or when state ownership is ideologically appealing. These considerations suggest why SOEs are usually assigned special rights and responsibilities, and they help explain observed regularities in the distribution of SOEs across countries and sectors. Zeckhauser and Horn apply principal-agent theory to identify the key factors underlying the performance of state-owned enterprises.
Selling Public Enterprises
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Author : Leroy P. Jones
language : en
Publisher: MIT Press (MA)
Release Date : 1990
Selling Public Enterprises written by Leroy P. Jones and has been published by MIT Press (MA) this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Business & Economics categories.
The first book to use economic logic to develop a quantitative approach to making divestiture decisions.
Public Vs Private Ownership
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Author : Mary M. Shirley
language : en
Publisher:
Release Date : 2005
Public Vs Private Ownership written by Mary M. Shirley and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with categories.
Disappointment with insider trading in Russia, with voucher privatization in the Czech Republic, and with the privatization of infrastructure in many developing countries has spawned new critiques of privatization. How do theory and empirical evidence answer the much-debated questions, Which is more important to performance, competition or private ownership? Are state enterprises more subject to welfare-reducing interventions by government than private firms are? Do state enterprises suffer more from problems of corporate governance? At the heart of the debate about public versus private ownership lie three questions: · Does competition matter more than ownership? · Are state enterprises more subject to welfare-reducing interventions by government than private firms are? · Do state enterprises suffer more from governance problems than private firms do? Even if the answers to these questions favor private ownership, the question must still be asked: Do distortions in the process of privatization mean that privatized firms perform worse than state enterprises? Shirley and Walsh's review found greater ambiguity about the merits of privatization and private ownership in the theoretical literature than in the empirical literature. In most cases, empirical research strongly favors private ownership in competitive markets over a state-owned counterfactual (although construction of the counterfactual is itself a problem). Theory's ambiguity about ownership in monopoly markets seems better justified. Since the choice confronting governments is between state ownership and privatization rather than between privatization and optimality, theory has left a gap that empirical work has tried to fill. Further research is needed. This paper - a product of Regulation and Competition Policy, Development Research Group - is part of a larger effort in the group to analyze the effects of privatization and the role of regulation and politics.
Privatization And After
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Author : V. V. Ramanadham
language : en
Publisher: Routledge
Release Date : 2002-02-07
Privatization And After written by V. V. Ramanadham and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-02-07 with Business & Economics categories.
Privatization and After discusses the need to monitor privatization. The authors argue that monitoring will show whether or not the process is fulfilling its objectives and contributing to improved economic performance. The book also assesses the need for, and techniques of, regulating privatized enterprises in situations of continuing monopoly or significant market control. This is supported by an in-depth analysis of regulation in the UK and its implications for developing countries. Further illustrative material is drawn from a range of developed, developing and former socialist countries.