The Financial System and Public Enterprise Reform

The Financial System and Public Enterprise Reform PDF

Author: Asl? Demirgüç-Kunt

Publisher: World Bank Publications

Published: 1994

Total Pages: 70

ISBN-13:

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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.

Public Enterprise Reform

Public Enterprise Reform PDF

Author: Mary M. Shirley

Publisher:

Published: 1991

Total Pages: 116

ISBN-13:

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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.

Privatization, Conversion, And Enterprise Reform In Russia

Privatization, Conversion, And Enterprise Reform In Russia PDF

Author: Michael Mcfaul

Publisher: Routledge

Published: 2019-09-05

Total Pages: 219

ISBN-13: 1000308189

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This volume provides an evaluation of initial efforts to convert post-Soviet Russian industry from that of a highly-centralized, military-oriented economy to that of a civilian economy with a stronger base in private enterprise. The authors address crucial issues of the embattled economic transformation at the level of particular enterprises and geographic regions as well as in the contexts of state policy, finance and planning. Their analyses offer readers an understanding of the various obstacles that impede post-Soviet economic restructuring and point to ways in which they may be overcome.

Reforming Public Enterprises

Reforming Public Enterprises PDF

Author: R. K. Mishra

Publisher: Gyan Publishing House

Published: 2008

Total Pages: 520

ISBN-13: 9788178356853

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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.

Enterprise Reform and Privatization in Socialist Economies

Enterprise Reform and Privatization in Socialist Economies PDF

Author: Barbara W. Lee

Publisher: World Bank Publications

Published: 1990-01-01

Total Pages: 40

ISBN-13: 9780821316665

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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.

The Political Economy Of Public Sector Reform And Privatization

The Political Economy Of Public Sector Reform And Privatization PDF

Author: Ezra Suleiman

Publisher: Routledge

Published: 2019-07-09

Total Pages: 343

ISBN-13: 100030454X

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This book suggests some of the ways in which levels of development shape public sector reform and privatization in developed and developing countries, showing that conservative as well as socialist governments were committed to increasing the state's guiding role in the political economy.

Reforming Infrastructure

Reforming Infrastructure PDF

Author: Ioannis Nicolaos Kessides

Publisher: World Bank Publications

Published: 2004

Total Pages: 328

ISBN-13:

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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.