Privatization In The Developing World

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Privatization In The Developing World

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Author : L Gary Cowan
language : en
Publisher: Praeger
Release Date : 1990-07-24

Privatization In The Developing World written by L Gary Cowan and has been published by Praeger this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990-07-24 with Business & Economics categories.

Grave financial woes swamping many developing world nations have spurred government interest in divestment as a means of reducing the role of the state in economic activity. Gradual ideological change in nations freed from colonial rule and pressures for reform applied by bilateral and international donor agencies have led to a growing acceptance of the trend toward privatization as a means to achieve both higher productivity and lower costs and to reduce the financial burden that subsidy costs to money-losing industries place on developing nations. L. Gray Cowan has created a how-to book for privatizing not only industry but also agriculture and services provided by the governments in developing world nations. Privatization in the Developing World focuses specifically on the privatization process with in-depth discussions, including preparing firms for disposition; making realistic, market-based valuations of the industries to be sold to private buyers; developing alternative methods of carrying out the sales; and creating more sophisticated finance packages for the privatization transaction. Both timely and readable, this handbook will enable officials of developing world states to initiate privatization strategies and to develop their own plans with the help of local civil servants. Following an introduction that provides background material relevant to the concept of privatization and the failure of state-owned enterprises, five chapters supply nuts-and-bolts information necessary to implement the process. Developing a Strategy for Privatization considers political and economic risk factors as well as the means to reduce them and also assesses various impediments and limitations. The emphasis here is on positive ways of overcoming obstacles and making the privatization strategy work. Chapter two discusses the choice of candidates for divestment and the preparation, valuation, sale, and financing of an SOE. Types of ownership, policy objectives, and management are also addressed. Chapter three proposes methods of privatizing municipal services, energy supplies, telecommunication systems, and health and education services. The chapter devoted to the agricultural sector discusses the special aspects of privatizing that sector, such as selling state-owned agricultural estates and privatizing land ownership. Results of experiments in agricultural privatization are also included. The final chapter, which considers the future of privatization in the developing world is followed by four helpful case histories that detail privatization efforts in Jamaica, Costa Rica, Tunisia, and Malawi. Cowan's handbook serves as an invaluable basic text on privatization techniques and methods and will be a most useful tool for government officers in the developing world whose responsibility is devising their government's strategy for a privatization program and implementing the decision to divest. It will be an important addition to college-level courses in economics and economic history.

Adjusting Privatization

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Author : Christopher Adam
language : en
Publisher: Heinemann Educational Books
Release Date : 1992

Adjusting Privatization written by Christopher Adam and has been published by Heinemann Educational Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Business & Economics categories.

A close analysis of privatization in theory and in practice raises questions about its role in small, less developed economies.

Privatization

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Author : Sunita Kikeri
language : en
Publisher: World Bank Publications
Release Date : 2005

Privatization written by Sunita Kikeri 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 2005 with Privatizacion - Paises en desarrollo categories.

"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.

Privatisation In Developing Countries

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Author : V. V. Ramanadham
language : en
Publisher: Routledge
Release Date : 2019-02-11

Privatisation In Developing Countries 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 2019-02-11 with Business & Economics categories.

It is widely felt that the public sector in many developing countries is too large, and that privatisation would benefit both the users of individual services and the economy in general. However, enthusiasm for private enterprise solutions is not always matched by the requisite financial and economic technology. The sort of schemes appropriate for a country like China, with its highly planned public sector economy, and Jordan, with its dominant private sector, are unlikely to be the same. Privatisation without reference to these differences will be an economic, administrative and organisational chaos rather than a panacea. Originally published in 1989, this book starts with an analysis on the concept, rationale and fundamental issues of privatisation, with reference to both developed and developing countries. There follows a critical scrutiny of the privatisation programmes of countries in Asia, Africa and Latin America, written by contributors actively concerned with public enterprise and privatisation at the time. It examines the role of international aid agencies, including the World Bank, in promoting the schemes and it details the positive impact of them as well as their pitfalls. These country accounts are complemented by a concluding chapter giving an overview of the substantial issues raised.

Privatization And Development

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Author : Steve H. Hanke
language : en
Publisher: ICS Press
Release Date : 1987

Privatization And Development written by Steve H. Hanke and has been published by ICS Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Business & Economics categories.

Chiefly papers originally presented at a conference held in Washington, D.C., February 1986, sponsored by the U.S. Agency for International Development and the Sequoia Institute.

Privatisation In Developing Countries

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Author : Paul Cook
language : en
Publisher: Edward Elgar Publishing
Release Date : 2000

Privatisation In Developing Countries written by Paul Cook and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Business & Economics categories.

In recent decades, privatisation has been a key policy instrument in the move to more market-based economic systems in all parts of the developing world. Privatisation, however, has not necessarily been accompanied by an increase in market competition. In recent years, many public utilities have been privatised as monopolies and in addition regulatory systems have been developed to restrict their market power and protect the interests of consumers. These authoritative volumes bring together a collection of important papers that have shed new theoretical and empirical insights into privatisation and regulation and have provided new policy perspectives in relation to developing countries. Privatisation in Developing Countries will appeal to policymakers and researchers at the forefront of economic policy debates in developing countries.

Privatisation In Developing Countries

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Author : Olivier Bouin
language : en
Publisher:
Release Date : 1992

Privatisation In Developing Countries written by Olivier Bouin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Government ownership categories.

Privatisation In Developing Countries

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Author : David Parker
language : en
Publisher:
Release Date : 2003

Privatisation In Developing Countries written by David Parker and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Privatization categories.

Trade And The Developing World In The 21st Century

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Author : Beverly May Carl
language : en
Publisher: Brill Nijhoff
Release Date : 2001

Trade And The Developing World In The 21st Century written by Beverly May Carl and has been published by Brill Nijhoff this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.

Examines trade problems developing nations face now and in the future and points out serious flaws in the "New World Order." Overviews world trade law as it affects developing nations, taking an issue oriented approach, and analyzes the effects of World Trade Organization (WTO) rules and the rules of 37 other regional trade agreements on the economic infrastructures of developing nations. Material is in chapters on mechanisms for trade control, worldwide and regional patterns of international trade, non-reciprocal trade structures, and global dismantling of barriers to trade in merchandise. Appendixes list member countries of various trade organizations. Carl taught international trade law at Southern Methodist University for 20 years. Annotation copyrighted by Book News Inc., Portland, OR.

Privatization In Developing Countries

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Author : Jacques Vangu Dinavo
language : en
Publisher:
Release Date : 1995

Privatization In Developing Countries written by Jacques Vangu Dinavo and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Democracy categories.