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Author: Canadian Corrections Service. Privatization Advisory Committee
Publisher:
ISBN:
Category : Corrections
Languages : en
Pages :
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Author: IBP, Inc.
Publisher: Lulu.com
ISBN: 1433052571
Category : Business & Economics
Languages : en
Pages : 271
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Book Description
2011 Updated Reprint. Updated Annually. US Privatization Programs and Regulations Handbook
Author: Canadian Corrections Service. Privatization Advisory Committee
Publisher:
ISBN:
Category : Corrections
Languages : en
Pages :
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Author: Ioannis Nicolaos Kessides
Publisher: World Bank Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 328
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Book Description
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.
Author: Takatoshi Ito
Publisher: University of Chicago Press
ISBN: 0226386961
Category : Business & Economics
Languages : en
Pages : 483
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Book Description
Over the last twenty-five years, there has been an acceleration in the move from government regulation towards privatization. Governance, Regulation, and Privatization in the Asia-Pacific Region is the first thoroughgoing account of the relative success of the different approaches to privatization as undertaken in Korea, China, Australia, and Japan. In most contexts, privatization is expected to yield greater efficiency and cost effectiveness while avoiding the corruption and bloated budgets of government regulation or monopoly control. But broad-scale privatization, if ill designed, has also yielded its share of difficulties in East Asia. Privatization sometimes has created a vacuum in corporate governance for some of the region's most important industries and in some cases merely reinstated the monopoly-like configurations. The papers presented in this book discuss the experiences of privatization in several industries, including railroad and telecom, corporate governance problems, accounting issues, and challenges for the future in East Asian countries. The first section is theoretical in nature and proposes boundaries among government protection, market freedom, and shareholder expectations. The second part is constituted by country case studies, beginning with an analysis of both the Korean financial crisis that followed its 1997 law to privatize large, public sector corporations and the new ways Korean corporations finance themselves. Following is an evaluation of China's approach to privatization, with an in-depth look at the financial transitions of companies slated for initial public offering. Providing provocative examples of the methods of privatization in the Asia-Pacific region specifically, these papers will be of huge import to any economist or policymaker interested in transposing those successes for their own region.
Author: Antonio Estache
Publisher: World Bank Publications
ISBN: 9780821347218
Category : Business & Economics
Languages : en
Pages : 324
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Book Description
The 1990s saw an increase in the liberalisation of transport policies and a strengthening of the role of private operators and investors in transport infrastructure worldwide. The search for sustained improvement in efficiency is probably secondary to the need to find additional financing, but it is improvement in services that is at the core of the new role of the government in transport. Governments must now become fair economic regulators of many of the privately operated transport services and infrastructures. This book examines the major challenges that governments are likely to face in taking on their new role in transport.
Author: IBP USA
Publisher: Lulu.com
ISBN: 1438719752
Category : Business & Economics
Languages : en
Pages : 286
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Book Description
2011 Updated Reprint. Updated Annually. Global Privatization Laws and Regulations Handbook. Vol. 10. Pacific Countries
Author: OECD
Publisher: OECD Publishing
ISBN: 9264402780
Category :
Languages : en
Pages : 110
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Book Description
Policy makers and privatisation experts agree that it is critical to “get privatisation right.” A well-planned and executed transaction, backed by sound rationales, institutional and regulatory arrangements, good governance, and integrity can have consequences on future divestment activity by enhancing investor confidence while gaining the support of stakeholders and the public.
Author: Malaysia
Publisher:
ISBN:
Category : Malaysia
Languages : en
Pages : 9
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Author: Minh Trinh
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
We study privatization when agents are constrained by wealth and give a rationale for the soft-budget constraint that does not rely on a difference of commitment. When the government deals with a single agent, we show that while the cost of state ownership is due to productive inefficiency, the cost of private ownership is due to bargaining and the cost of public funds. If we allow for competitive bidding, it will always be optimal to privatize because the bargaining rent is captured ex-ante and there is more productive efficiency. With a separate private owner and manager, there is an added cost for private ownership; the manager of a private firm can underinvest because she has to share the surplus with both the government and the private owner. Privatization might thus not always be optimal even when allowing for competitive bidding.
Author: IBP USA
Publisher: Lulu.com
ISBN: 1433019906
Category : Business & Economics
Languages : en
Pages : 306
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Book Description
2011 Updated Reprint. Updated Annually. Global Privatization Laws and Regulations Handbook. Vol. 9. Caribbean Countries
