Privatization in Transition Economies

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Author :
Publisher : Elsevier
ISBN 13 : 076231463X
Total Pages : 383 pages
Book Rating : 4.7/5 (623 download)

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Book Synopsis Privatization in Transition Economies by : Ira W. Lieberman

Download or read book Privatization in Transition Economies written by Ira W. Lieberman and published by Elsevier. This book was released on 2008 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation.

Privatization in Transition Countries

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451842279
Total Pages : 45 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Privatization in Transition Countries by : Mr.Oleh Havrylyshyn

Download or read book Privatization in Transition Countries written by Mr.Oleh Havrylyshyn and published by International Monetary Fund. This book was released on 1999-01-01 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews a selection of studies on privatization experiences in transition countries. Empirical studies almost invariably show privatized enterprises outperform state enterprises. Moreover, the literature identifies de novo firms as being clearly the best performers, followed by outsider-dominated firms, while insider-dominated firms are the least efficient among those newly privatized. The importance of de novo firms in enlarging the private sector in transition economies is reviewed, along with the question of whether privatization efforts support or hinder de novo private sector development. Finally, the paper discusses the importance of providing a suitable market environment for successful private-sector development.

Privatization in Transition Countries: Lessons From the First Decade

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Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Privatization in Transition Countries: Lessons From the First Decade by : Oleh Havrylyshyn

Download or read book Privatization in Transition Countries: Lessons From the First Decade written by Oleh Havrylyshyn and published by International Monetary Fund. This book was released on 1999-09-06 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors' view is that any privatisation is better than none, regardless of whether a stable, competitive environment has been established first. However, private companies started from scratch perform best, followed by newly privatised firms run by outsiders, either local or foreign. Privatised companies dominated by insiders do less well, but even they regularly outperform state enterprises. Without an appropriate market environment though, managers may spend more time lobbying the government for support than undertaking painful restructuring measures.

Time to Rethink Privatization in Transition Economies?

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Author :
Publisher : World Bank Publications
ISBN 13 : 9780821345030
Total Pages : 44 pages
Book Rating : 4.3/5 (45 download)

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Book Synopsis Time to Rethink Privatization in Transition Economies? by : John R. Nellis

Download or read book Time to Rethink Privatization in Transition Economies? written by John R. Nellis and published by World Bank Publications. This book was released on 1999-01-01 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: IFC Discussion Paper No. 38.QUOTEIt is now universally acknowledged that ownership matters; that private ownership in and of itself is a major determinant of good performance in firms... Decent economic policy and well-functioning legal and administrative institutions... matter greatly as well.QUOTEThis paper looks at what happens when the shift to private ownership gets far out in front of the effort to build the institutional underpinnings of a capitalist economy. The emphasis is on what went wrong and why and what, if anything, can be done to be correct it. Proposals include renationalization and/or postponement of further privatization, both to be accompanied by measures to strengthen the managerial capacities of the state. Neither approach seems likely to produce short-term improvements. The regrettable fact is that governments that botch privatization are equally likely to botch the management of state-owned firms. In a number of Central European transition countries, privatization is living up to expectations; and there is no need for such measures. For institutionally-weak countries, the less dramatic but reasonable short-term course of action is to push ahead more slowly with case- by-case and tender privatization in cooperation with the international assistance community in hopes of producing some success stories that will lead by example.

Lessons from Privatization

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Publisher : International Labour Organization
ISBN 13 : 9789221094524
Total Pages : 210 pages
Book Rating : 4.0/5 (945 download)

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Book Synopsis Lessons from Privatization by : Rolph van der Hoeven

Download or read book Lessons from Privatization written by Rolph van der Hoeven and published by International Labour Organization. This book was released on 1997 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book assesses the labor market consequences of privatization in developing countries (the Republic of Korea, India and Mexico) and transition economies (Bulgaria, the Czech Republic, Eastern Germany and Hungary) during the first half of the 1990s. Based on over 20 case studies in seven countries, it considers the effect of privatization on productivity and on the level and structure of employment. The evolving patterns of industrial relations in privatized firms and the subsequent changes in wages, remuneration systems and non-wage benefits are also examined.

Privatization in Transition Countries

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Publisher :
ISBN 13 : 9781557758965
Total Pages : 16 pages
Book Rating : 4.7/5 (589 download)

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Book Synopsis Privatization in Transition Countries by : Havrylyshyn, Oli

Download or read book Privatization in Transition Countries written by Havrylyshyn, Oli and published by . This book was released on 2004-01 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Privatization in Transition Countries: Lessons From the First Decade

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Author :
Publisher :
ISBN 13 : 9781455265756
Total Pages : pages
Book Rating : 4.2/5 (657 download)

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Book Synopsis Privatization in Transition Countries: Lessons From the First Decade by :

Download or read book Privatization in Transition Countries: Lessons From the First Decade written by and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: A decade ago, with the breakup of the Soviet Union and the start of market-oriented reforms in many former socialist economies of Central andEastern Europe, the prospect of privatizing inefficient state-ownedcompanies figured prominently in both popular and academic writings. As the headline event symbolizing change from central planning to capitalism, privatization seemed to promise an end to the inefficienciesof central planning - the key to freeing the resources and talents of this huge area and lifting its living standards to those of the industrial countries. What broad lessons were learned from the experienceof the past ten years? Along with their successes, prominent failureshave also marked this recent history, especially in Russia and in othercountries of the former Soviet Union. The overall task ahead thus remains vast if the original vision of greater freedom and higher livingstandards is to be realized.

Between State and Market

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Author :
Publisher : World Bank Publications
ISBN 13 : 9780821339473
Total Pages : 270 pages
Book Rating : 4.3/5 (394 download)

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Book Synopsis Between State and Market by : Ira W. Lieberman

Download or read book Between State and Market written by Ira W. Lieberman and published by World Bank Publications. This book was released on 1997-01-01 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: IFC Discussion Paper No. 32. Over the years, demand for education at all levels in Kenya has greatly outpaced supply, a gap that has been reduced by private schools catering to the needs of a wide range of socioeconomic groups. This gap will widen further unless the private sectors role is expanded, but private educational institutions face a number of serious constraints, primarily stemming from lack of adequate finance and, in many cases, limited management skills. This paper reviews the market and its constraints and focuses on conditions under which private financial institutions and the International Finance Corporation might play a useful role in the sector. Annexes include 1996 operating costs of Kenya's academic, technical, and vocational schools.

Secondary Privatization in Transition Economies

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Author :
Publisher : Springer
ISBN 13 : 0230377017
Total Pages : 285 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis Secondary Privatization in Transition Economies by : Iraj Hoshi

Download or read book Secondary Privatization in Transition Economies written by Iraj Hoshi and published by Springer. This book was released on 2003-09-15 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: Privatization was the fundamental pillar of transition from plan to market in former socialist countries. But little is known about the fate of companies that were privatized in large scale privatization schemes such as mass privatization or management-employee buyouts. This is the first original study aiming to fill this gap. It assesses wholesale privatization schemes in three leading transition countries - the Czech Republic, Poland and Slovenia - in terms of the evolving concentration of ownership and relations to firm performance.

Privatization in Transition Countries: Lessons of the First Decade

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Author :
Publisher :
ISBN 13 : 9781452799797
Total Pages : pages
Book Rating : 4.7/5 (997 download)

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Book Synopsis Privatization in Transition Countries: Lessons of the First Decade by : Oleh Havrylyshyn

Download or read book Privatization in Transition Countries: Lessons of the First Decade written by Oleh Havrylyshyn and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Private Ownership and Corporate Performance

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Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4./5 ( download)

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Book Synopsis Private Ownership and Corporate Performance by :

Download or read book Private Ownership and Corporate Performance written by and published by World Bank Publications. This book was released on 1997 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The assumption behind privatisation in eastern Europe and elsewhere is that private ownership improves corporate performance. We focus on comparing the performance of state firms with either private or privatised firms operating under reasonably similar conditions in three countries of eastern Europe. We supplement this comparison by an examination of the relative performance of privatised and state firms in the period before the former were privatised. Our empirical results confirm the hypothesis that the effect of ownership change is particularly pronounced on the revenue side of corporate performance. In general, we find that firms with outsider owners significantly outperform the firms with insider owners on most performance measures, and that the employees are particularly ineffective owners (indeed less effective than the state). Subscribe to publications email alerts.

Privatisation and Structural Change in Transition Economies

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Author :
Publisher : Springer
ISBN 13 : 0230378331
Total Pages : 272 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis Privatisation and Structural Change in Transition Economies by : Yelena Kalyuzhnova

Download or read book Privatisation and Structural Change in Transition Economies written by Yelena Kalyuzhnova and published by Springer. This book was released on 2003-09-08 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Privatisation and Structural Change in Transition Economies brings together specialists from different areas (governance, regulation, macro-econometrics, micro-econometrics, enterprise culture, foreign direct investment, technology transfer) to focus on the many different aspects of the privatization process in transition economies. The book does not dwell on the administrative or procedural aspects of privatisation. Instead it attempts to understand the bigger picture in terms of underlying policy environment and supporting legal and economic measures which helped to a large extent to determine the eventual success or failure of privatization programmes.

Privatization

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Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4./5 ( download)

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Book Synopsis Privatization by : Sunita Kikeri

Download or read book Privatization written by Sunita Kikeri and published by World Bank Publications. This book was released on 2005 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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.

Reality Check

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Publisher : CGD Books
ISBN 13 :
Total Pages : 464 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Reality Check by : Nancy Birdsall

Download or read book Reality Check written by Nancy Birdsall and published by CGD Books. This book was released on 2005 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout the 1990's, privatization of inefficient state-owned enterprises was strongly embraced in developing and transitional economies. Little attention has gone to the distributional implications of the privatization movement, a particularly surprising oversight given the current backlash in many settings against further privatization. This book offers a comprehensive set of country-specific studies on the effects of privatization on people --winners and losers in different income, employment, and education groups. The studies analyze the changes in public tax revenue from privatized enterprises, shifts in pension and other liabilities, and changes in income of different groups. Contributors include David McKenzie (Stanford University), Dilip Mookherjee (Boston University), Gover Barja (Universidad Católica Boliviana, La Paz), Miguel Urquiola (Columbia University), Samuel Freije (Universidad de Las Américas in Puebla, Mexico), Luis A. Rivas (Ministry of Finance and Central Bank of Nicaragua), Máximo Torero, Enrique Schroth, and Alberto Pasco Font (Group of Analysis for Development [GRADE], Lima), Roberto Macedo (University of São Paulo, Presbyterian Mackenzie University, and Foundation Institute of Economic Research, São Paolo), Antonio Estache (World Bank), Michael Bleyzer and Edi Segura (SigmaBleyzer Corporation), Gary H. Jefferson, (Brandeis University), Su Jian (Brandeis and Peking Universities), Jiang Yuan and Yu Xinhua (National Bureau of Statistics, Beijing), and Malathy Knight-John and P.P.A. Wasantha (Institute of Policy Studies, Sri Lanka).

Privatization in Developing Countries

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Author :
Publisher : Praeger
ISBN 13 :
Total Pages : 184 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Privatization in Developing Countries by : Jacques V. Dinavo

Download or read book Privatization in Developing Countries written by Jacques V. Dinavo and published by Praeger. This book was released on 1995-03-21 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work concludes that privatization promotes economic development and democracy in developing countries. Several governments have opted for privatization to maximize consumer choice, to promote competition, and to improve the quality and efficiency of goods and services. Many governments in Asia, Africa, and Latin America are cautiously turning state-owned enterprises over to the private sector because of the benefits coming with a free market economy and free enterprise spirit. The case of Zaire shows the failure of state-owned enterprises to meet national economic, social, and political goals. The case of the Cameroon shows privatization at work in a developing country.

Adjusting Privatization

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Author :
Publisher : James Currey
ISBN 13 :
Total Pages : 426 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Adjusting Privatization by : Christopher Adam

Download or read book Adjusting Privatization written by Christopher Adam and published by James Currey. This book was released on 1992 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The World Bank Research Observer

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Author :
Publisher :
ISBN 13 :
Total Pages : 300 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis The World Bank Research Observer by :

Download or read book The World Bank Research Observer written by and published by . This book was released on 2003 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: