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Privatization And Restructuring
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Book Synopsis Privatization and Restructuring by : Mr.Dieter Bös
Download or read book Privatization and Restructuring written by Mr.Dieter Bös and published by International Monetary Fund. This book was released on 1996-09-01 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since an enterprise, which is to be privatized, has to be restructured in uncertainty, and the restructuring investments are sunk when the final decision on the sale price is taken, there is an imminent danger that restructuring is not efficient, and there is underinvestment. We consider, restructuring by the private buyer of the firm, by a government privatization agency, and by both. In the first two cases—one-sided restructuring—a first best can be achieved. In the case of both-sided restructuring, however, the first best cannot be reached if both parties engage in restructuring after signing the contract.
Book Synopsis Privatization and Restructuring in Central and Eastern Europe by : Robert E. Anderson
Download or read book Privatization and Restructuring in Central and Eastern Europe written by Robert E. Anderson and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most important policy questions in the transition economies is what governments can do to speed the restructuring of firms and thus hasten the transition to a mature market economy. The authors report on a study that provides some answers. Privatization encourages restructuring if it is rapid and comprehensive and leads to concentrated ownership. Privatization also promotes restructuring because privatized firms are more likely than state-owned enterprises to exercise wage restraint--and wage restraint is vital to free up the necessary internal finance. But policies that increase bank lending to firms, such as debt forgiveness and recapitalization, may do more harm than good. The safest course is to recapitalize banks only as part of privatization and to encourage negotiations for financial restructuring only after the banks are privatized.
Book Synopsis Restructuring and Privatization in Central Eastern Europe by : Saul Estrin
Download or read book Restructuring and Privatization in Central Eastern Europe written by Saul Estrin and published by Routledge. This book was released on 2020-11-30 with total page 445 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents cases from a World Bank study of state-owned industrial firms in Poland, Hungary and the Czech and Slovak republics. Topics that are covered include: structure of the industry; history of the firm; and product mix and sales pattern.
Book Synopsis Privatization and Restructuring in Central and Eastern Europe by : Gerhard Pohl
Download or read book Privatization and Restructuring in Central and Eastern Europe written by Gerhard Pohl and published by World Bank Publications. This book was released on 1997-01-01 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do women in most developing countries lag behind men in literacy? Why do women get less schooling than men? This anthology examines the educational decisions that deprive women of an equal education. It assembles the most up-to-date data, organized by region. Each paper links the data with other measures of economic and social development. This approach helps explain the effects different levels of education have on womens' fertility, mortality rates, life expectancy, and income. Also described are the effects of women's education on family welfare. The authors look at family size and women's labor status and earnings. They examine child and maternal health, as well as investments in children's education. Their investigation demonstrates that women with a better education enjoy greater economic growth and provide a more nurturing family life. It suggests that when a country denies women an equal education, the nation's welfare suffers. Current strategies used to improve schooling for girls and women are examined in detail. The authors suggest an ambitious agenda for educating women. It seeks to close the gender gap by the next century. Published for The World Bank by The Johns Hopkins University Press.
Book Synopsis Privatization, Restructuring and Regulation of Network Utilities by :
Download or read book Privatization, Restructuring and Regulation of Network Utilities written by and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: David Newbery argues that network utilities pose special problems of ownership and regulation.
Book Synopsis On the Speed and Sequencing of Privatization and Restructuring by : Gérard Roland
Download or read book On the Speed and Sequencing of Privatization and Restructuring written by Gérard Roland and published by . This book was released on 1994 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Labour and Social Dimensions of Privatization and Restructuring by :
Download or read book Labour and Social Dimensions of Privatization and Restructuring written by and published by . This book was released on 1998 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper assesses the extent, modalities and effects of stakeholders' participation and also examines the impact of privatization and restructuring on employment levels and employment conditions, the working conditions of staff in the privatized organizations and of those remaining in state enterprises, retraining, redeployment and compensation schemes.
Book Synopsis Privatization and Restructuring by : Florencio Lopez-de-Silanes
Download or read book Privatization and Restructuring written by Florencio Lopez-de-Silanes and published by . This book was released on 1993 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :International Law Institute (Washington, D.C.) Publisher :International Law Inst ISBN 13 :9780935328806 Total Pages :370 pages Book Rating :4.3/5 (288 download)
Book Synopsis Public Enterprises by : International Law Institute (Washington, D.C.)
Download or read book Public Enterprises written by International Law Institute (Washington, D.C.) and published by International Law Inst. This book was released on 1995-01-01 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: The structural adjustment programs that were developed to address the debt crises of the 1980s forced governments to finally recognize the great burden of maintaining state enterprises that were becoming increasingly costly. This volume of readings, drawing from a wide variety of sources including publications of government & multilateral organizations as well as private sources, throws useful light on the problem of restructuring & privatizing state enterprises, with special focus on approaches & experiences of developing countries. Drawing upon their extensive experience, each of the editors has prepared an introductory essay to provide a framework for the volume's collected readings. Mr Upper's essay is a clarifying summation of the issues & choices that are faced in a restructuring program; Mr Baldwin's essay provides a valuable historical context to the problem. The book then addresses, in a systematic fashion, the problem of privatization & restructuring, beginning with a discussion of the reasons for dissatisfaction with state-owned enterprises (SOEs). It then provides a framework & methodology for evaluating the performance of SOEs & the welfare consequences of privatization. One of the book's great practical values lies in its Part III, a survey of a range of reform alternatives, including lease & management contracts, conversion of SOEs into independent corporate entities, establishing regulation of monopolies, & build-own-operate & build-own-transfer arrangements, among others. Case studies from all regions of the developing world are included in Part VI. Another eminently useful feature is a lexicon gathered from multiple sources.
Book Synopsis Privatization and Restructuring by : Josef Kotrba
Download or read book Privatization and Restructuring written by Josef Kotrba and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes decisions of managers on restructuring before privatization. After privatization, the new owner decides on manager's future based on his/her beliefs on manager's quality. Manager and owner are playing a signaling game, in which restructuring is a signal of manager's quality. The model has two important sets of equilibria: one in which signaling does not persuade the owner to keep the manager who restructures, and the other in which signaling offsets the counter-restructuring effect of privatization caused by manager's uncertainty on after-privatization future. Under the assumption that the new owners acquire the privatized firm in a competitive environment, it is demonstrated that the former, socially inferior equilibria, will be eliminated.
Book Synopsis Privatization and Restructuring by : Florencio López de Silanes Molina
Download or read book Privatization and Restructuring written by Florencio López de Silanes Molina and published by . This book was released on 1993 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis On the speed and sequence of privatization and restructuring by : Gerard Roland
Download or read book On the speed and sequence of privatization and restructuring written by Gerard Roland and published by . This book was released on 1994 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Privatization and Restructuring in an Economy in Transition from Central Planning to a Market Economy by : Josef Kotrba
Download or read book Privatization and Restructuring in an Economy in Transition from Central Planning to a Market Economy written by Josef Kotrba and published by . This book was released on 1996 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Restructuring State and Local Services by : Arnold Raphaelson
Download or read book Restructuring State and Local Services written by Arnold Raphaelson and published by Praeger. This book was released on 1998-07-23 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Under pressure from both the Federal government and private citizens, local and state governments are restructuring their services, including the areas of education, highway, and transportation. While the federal government wants to reassign responsibilities to local governments, voters want greater efficiency and lower taxes via privatization. This edited collection considers these pressures, the responses from state and local governments, and specific experiments in privatizing local services. The book's opening chapter presents an overview of the changing landscape, while the following chapters consider possibilities in both education and highway services. In education, interdistrict school choice and state-local structures are considered. Highway services are seen in federal-state and state-private relationships. Reporting on a variety of experiments, each chapter illustrates a type of service or arrangement for restructuring governmental services.
Author :Barbara Błaszczyk Publisher :Center for Social & Economic Research ISBN 13 :9788371781384 Total Pages :48 pages Book Rating :4.7/5 (813 download)
Book Synopsis Privatization and Company Restructuring in Poland by : Barbara Błaszczyk
Download or read book Privatization and Company Restructuring in Poland written by Barbara Błaszczyk and published by Center for Social & Economic Research. This book was released on 1999-01-01 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Restructuring and Managing the Enterprise in Transition by : Roy L. Crum
Download or read book Restructuring and Managing the Enterprise in Transition written by Roy L. Crum and published by World Bank Publications. This book was released on 1998-01-01 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: A wide gap still exists between Western concepts and their application in the ex-socialist countries during transition. Most Western models in financial management make assumptions about the efficiency and stability of markets and the signals that can be obtained and also assume that traditional accounting information is available and can be used for management purposes. A new paradigm is needed to manage the finance function in a transition economy experiencing hyperinflation since stamdard assumptions are not valid in most ex-socialist countries. This book describes the adaptations of financial techniques as it reviews standard financial concepts and tools, adjusts them when necessary to the unique conditions in the ex-socialist enterprises, and then presents the restructuring context and some strategies that are based on the application of these tools.
Book Synopsis Reforming Infrastructure by : Ioannis Nicolaos Kessides
Download or read book Reforming Infrastructure written by Ioannis Nicolaos Kessides and published by World Bank Publications. This book was released on 2004 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
