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State Ownership And Labor Redundancy
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Book Synopsis State Ownership and Labor Redundancy by : Patrick Belser
Download or read book State Ownership and Labor Redundancy written by Patrick Belser and published by World Bank Publications. This book was released on 2001 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: To predict the number of workers who will lose their jobs if state-owned enterprises are privatized or restructured, several approaches have been taken: drawing on international experience, accepting estimates from current directors of state enterprises, and inferring the number of redundancies from ad hoc indicators of profitability, productivity, or labor cost. All three approaches may be irrelevant and inferior to systematically comparing employment levels across similar enterprises that differ in the share of capital owned by the state.
Book Synopsis State Ownership and Labor Redundancy by : Patrick Belser
Download or read book State Ownership and Labor Redundancy written by Patrick Belser and published by . This book was released on 2016 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: To predict the number of workers who will lose their jobs if state-owned enterprises are privatized or restructured, several approaches have been taken: drawing on international experience, accepting estimates from current directors of state enterprises, and inferring the number of redundancies from ad hoc indicators of profitability, productivity, or labor cost. All three approaches may be irrelevant and inferior to systematically comparing employment levels across similar enterprises that differ in the share of capital owned by the state.Privatizing or restructuring state-owned enterprises may lead to massive layoffs, but the number of redundant workers is usually unknown beforehand. Belser and Rama estimate labor redundancy by comparing employment levels across enterprises with different degrees of state ownership.In their model, state enterprises are a hybrid between labor-managed enterprises and profit-maximizing enterprises, with the profit motive becoming less prominent as the state share of capital increases. This model leads to an employment equation that is estimated using an enterprise database from Vietnam.In this database, constructed especially for this paper, roughly a third of the enterprises are fully state-owned, a third are fully private, and a third are joint ventures between the state and the private sector. The employment equations control for sector activity, region, and the enterprise's age, among other variables.The results suggest that if the state share of capital were brought down to zero, roughly half of the workers in the corresponding enterprises would be redundant. This is more than 10 times the estimate by the current enterprise directors.The results also show a wide dispersion of redundancy across sectors of activity.There is only a weak correlation between estimated labor redundancy and 12 ad hoc indicators of profitability, productivity, and labor cost. But the correlation between most ad hoc indicators also is weak, suggesting that these indicators are not reliable tools for identifying the most overstaffed enterprises.This paper - a product of Public Service Delivery, Development Research Group - is part of a larger effort in the group to understand labor issues in public sector reform. The study was supported by the Bank's Research Support Budget under the research project quot;Public Sector Downsizing, Phase IIquot; (RPO 683-67). It was also supported by the Vietnam Country Office, East Asia and Pacific Region.
Book Synopsis Reducing Labor Redundancy in State-owned Enterprises by : Jan Svejnar
Download or read book Reducing Labor Redundancy in State-owned Enterprises written by Jan Svejnar and published by World Bank Publications. This book was released on 1991 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: The severity of labor redundancy has been underestimated because of difficulties in conceptualizing the issue and finding politically acceptable solutions. Schemes to reduce labor redundancy can decrease the wage bill significantly and allow fairly high compensation to the employees laid off yet still allow the government to recoup its costs in a relatively short time.
Book Synopsis Reducing Labor Redundancy in State-owned Enterprises by : Jan Svejnar
Download or read book Reducing Labor Redundancy in State-owned Enterprises written by Jan Svejnar and published by . This book was released on 1991 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Labor Redundancies and Privatization by : Sunita Kikeri
Download or read book Labor Redundancies and Privatization written by Sunita Kikeri and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: When state-owned enterprises preparing for privatization have very high levels of redundant workers and when social safety nets and redundancy provisions in labor laws are inadequate or lacking, the political and social implications of layoffs mean that the government should be involved in the design and funding of special programs to deal with unemployment and labor unrest. This note reviews the main elements of such programs severance and retirement benefits, retraining and redeployment support, employee share ownership schemes, and importantly, mechanisms to ensure labor consultation and participation. In many countries these programs need to go hand-in-hand with reforms to expand private labor markets: removing obstacles to job creation, ending restrictions on hiring and firing, and eliminating taxes that raise the cost of labor.
Book Synopsis State-Owned Enterprises in the Middle East and North Africa by : Merih Celasun
Download or read book State-Owned Enterprises in the Middle East and North Africa written by Merih Celasun and published by Routledge. This book was released on 2013-01-11 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experienced contributors with a balanced and realistic view of the prospects for privatization and the reform of state-owned enterprises in the Middle East and North Africa Clearly written and well structured, with numerous useful references to other studies at the end of each chapter
Book Synopsis Redundancies in Chinese State Enterprises by : Jackie Sheehan
Download or read book Redundancies in Chinese State Enterprises written by Jackie Sheehan and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article examines how the problem of surplus labor isbeing dealt with in some of China?s state-owned enterprises. Primarily using interview data from the period 1995-1997, as well as published sources, the article looks at the main methods employed by large state-owned enterprises to reduce the level of surplus labor in their workforce. It also considers how smaller state-owned enterprises are coping in an era where mergers, closures, and bankruptcies are becoming much more common as a means of dealing with loss-making firms, resulting in widespread redundancies in the state-owned enterpriseworkforce. The article illustrates that the potential political repercussions of job losses, as well as direct intervention by local authorities, continue to hinder the freedom of enterprise management to adjust employment levels in the interests of efficiency and productivity. The article also notes the importance of how decisions about downsizing and redundancy are communicated and justified to employees if resistance and social instability are to be minimized. The employment treatment of production workers will be considered separately from that of cadres, since these two groups are subject to different employment regulations and political constraints.
Book Synopsis The Gender Implications of Public Sector Downsizing by : Martín Rama
Download or read book The Gender Implications of Public Sector Downsizing written by Martín Rama and published by World Bank Publications. This book was released on 2001 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Men and women may be affected differently by the transition from central planning to a market economy and especially by the privatization and restructuring of state-owned enterprises. In Vietnam during the massive downsizing in the early 1990s, many more women than men were laid off. But in the downsizing in the early part of this decade women are less likely than men to be retrenched in large numbers.
Download or read book Labour in Vietnam written by Anita Chan and published by Institute of Southeast Asian Studies. This book was released on 2011-08-12 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two decades after Vietnam introduced a programme of economic renovation commonly known as Doi Moi, the country today allows market competition in industry, and a new working class has been created. This is the first book to focus on the role and conditions of workers in the new economic regime. The authors of the book trace Vietnam's labour history, explore the impact of the socialist legacy and examine the reasons for the large number of recent strikes. The book provides insights into the workforce of one of Asia's most rapidly developing industrial economies.
Book Synopsis Labor Issues in Infrastructure Reform by : Public-Private Infrastructure Advisory Facility
Download or read book Labor Issues in Infrastructure Reform written by Public-Private Infrastructure Advisory Facility and published by World Bank Publications. This book was released on 2004 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fears of job loss and changes in employment status have often led workers and unions to oppose privatization and to take actions that delay or block reforms. Many developing country governments have been reluctant to undertake reforms because of labor opposition and the political costs involved. Such difficulties are often compounded by concerns about the social impact of reforms, particularly in countries where social safety nets and labor markets are lacking. The objective of the Toolkit, which includes a CD-ROM, is to provide practical tools and information to help policy makers and practitioners deal with these sensitive issues. The Toolkit helps governments identify and select appropriate strategies and approaches, offers guidelines for design and implementation based on best practice and actual experience, and indicates the factors influencing the choice of strategy and options. The Toolkit is illustrated with examples, checklists, and templates that walk decision makers through best practice methodologies.
Book Synopsis Global Privatization Laws and Regulations Handbook China by : International Business Publications, USA.
Download or read book Global Privatization Laws and Regulations Handbook China written by International Business Publications, USA. and published by Lulu.com. This book was released on 2007-02-07 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global Privatization Laws and Regulations Handbook. Vol. 11. China
Book Synopsis Labor Markets in Asia by : Jesus Felipe
Download or read book Labor Markets in Asia written by Jesus Felipe and published by Springer. This book was released on 2006-07-03 with total page 725 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume argues that while labour market reforms may be necessary in some specific cases, by no means are labour market policies the main explanation for the widespread increase in unemployment and underemployment across Asia and country specific studies undermine the case for across-the-board labour market reforms.
Book Synopsis Globalization and Workers in Developing Countries by :
Download or read book Globalization and Workers in Developing Countries written by and published by World Bank Publications. This book was released on with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Pension Reform in China by : Loraine A. West
Download or read book Pension Reform in China written by Loraine A. West and published by . This book was released on 1996 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Policy Options for Reform of Chinese State-owned Enterprises by : Harry G. Broadman
Download or read book Policy Options for Reform of Chinese State-owned Enterprises written by Harry G. Broadman and published by World Bank Publications. This book was released on 1996-01-01 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation World Bank Discussion Paper No. 335. Presents the proceedings of a high-level international symposium on Chinese state-owned enterprise reform held in Beijing, China, June 1995. This report includes five policy option papers presented by Chinese officials and one presented by the World Bank Group that makes recommendations for reform on the basis of the Group's international experience in this area.
Book Synopsis Are Public Sector Workers Underpaid? by : Sarah Bales
Download or read book Are Public Sector Workers Underpaid? written by Sarah Bales and published by World Bank Publications. This book was released on 2001 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does the public sector overpay or underpay workers relative to what they could earn in the private sector? Usual comparisons focus on similar jobs, but in a Developing country it is more sensible to focus on similar workers, as shown by the case of Vietnam.
Book Synopsis The Routledge Handbook of State-Owned Enterprises by : Luc Bernier
Download or read book The Routledge Handbook of State-Owned Enterprises written by Luc Bernier and published by Routledge. This book was released on 2020-05-27 with total page 679 pages. Available in PDF, EPUB and Kindle. Book excerpt: State-owned enterprises make up roughly 10 percent of the world economy, yet they are woefully understudied. This handbook offers the first synthesis of the topic since the 1980s and offers a comprehensive reference for a generation. The authors provide a detailed explanation of the theory that underpins the expansion of state-owned enterprises in the 21st century. Each chapter delivers an overview of current knowledge, as well as identifying issues and relevant debates for future research. The authors explain how state-owned enterprises are used in both developed and developing countries and offer an insight into complex and fascinating organizations such as the German municipal conglomerates or the multinational companies owned by states. New modes of governance and regulation have been invented to make sure they act in the public interest. This handbook brings together a wealth of international scholars, offering multiple theoretical perspectives to help shape a brave new world. It will be of interest to teachers and students of Economics, Public Administration and Business, academics, established researchers and PhD students seeking rigorous literature reviews on specific aspects of SOEs, as well as practitioners and decision makers in international organizations.