Welfare Consequences of Selling Public Enterprises PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Welfare Consequences of Selling Public Enterprises PDF full book. Access full book title Welfare Consequences of Selling Public Enterprises by . Download full books in PDF and EPUB format.
Author:
Publisher: World Bank Publications
ISBN: 9780821329764
Category : Business & Economics
Languages : en
Pages : 56
Get Book Here
Book Description
IFC Discussion Paper No. 22. Corporate finance in emerging market countries is changing dramatically as the recent liberalizations revitalize stagnant domestic capital markets and permit increased access to overseas markets. With this trend evident in many countries, corporations are re- examining their financial structures and finding more financial instruments to choose from. This paper discusses these new developments and examines the traditional features of emerging-market corporate finance. It presents a simple framework for the debt-equity choice based on considerations of cost, risk, control, and disclosure. The impact of these considerations on government control is also illustrated with examples from several emerging market countries.
Author:
Publisher: World Bank Publications
ISBN: 9780821329764
Category : Business & Economics
Languages : en
Pages : 56
Get Book Here
Book Description
IFC Discussion Paper No. 22. Corporate finance in emerging market countries is changing dramatically as the recent liberalizations revitalize stagnant domestic capital markets and permit increased access to overseas markets. With this trend evident in many countries, corporations are re- examining their financial structures and finding more financial instruments to choose from. This paper discusses these new developments and examines the traditional features of emerging-market corporate finance. It presents a simple framework for the debt-equity choice based on considerations of cost, risk, control, and disclosure. The impact of these considerations on government control is also illustrated with examples from several emerging market countries.
Author: Nemat Shafik
Publisher: World Bank Publications
ISBN:
Category : Privatization
Languages : en
Pages : 62
Get Book Here
Book Description
The mass privatization scheme put information about enterprise values in the public domain by allowing increasingly informed bidders to interact. This quickly differentiated enterprises with favorable prospects from those with unfavorable prospects. The design of the program served the objectives of speed and equity more than those of corporate governance.
Author:
Publisher:
ISBN:
Category : Computer network resources
Languages : en
Pages : 300
Get Book Here
Book Description
Author: Paul Cook
Publisher: Edward Elgar Publishing
ISBN:
Category : Government ownership
Languages : en
Pages : 728
Get Book Here
Book Description
In the last decades of the 20th century, privatization has been a key policy instrument in the move to more market-based economic systems in all parts of the developing world. Privatization, however, has not necessarily been accompanied by an increase in market competition. Many public utilities have been privatized as monopolies and in addition regulatory systems have been developed to restrict their market power and protect the interests of consumers. This volume brings together a collection of papers that provide theoretical and empirical insights into privatization and regulation, as well as policy perspectives in relation to developing countries.
Author: John Heath
Publisher: Routledge
ISBN: 1134949588
Category : Business & Economics
Languages : en
Pages : 285
Get Book Here
Book Description
In many parts of the world public enterprise is in crisis. Privatisation programmes are being widely touted as the solution to many of the problems of inefficiency and slow rates of growth associated with public enterprise. This book discusses the underlying causes of those problems, and critically examines some of the solutions that have been adopted. Its geographical coverage is wide and it cuts across the political spectrum. The experiences of countries in four continents are analysed in an attempt to shed light on current dilemmas. Recurrent patterns are found; problems are frequently seen to be political as much as economic, and bureaucracy and administrative confusion is often found to be at the heart of poor financial performance.Yet since political aims, economic environment, and administrative and managerial capabilities vary so widely, universal solutions remain more difficult to define than universal problems.
Author: Ahmed Galal
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
Author:
Publisher: World Bank Publications
ISBN: 9780195211061
Category : Business & Economics
Languages : en
Pages : 370
Get Book Here
Book Description
Refer review of this policy book in 'Journal of International Development, vol. 10, 7, 1998. pp.841-855.
Author: Ray Forrest
Publisher: Routledge
ISBN: 1317829336
Category : Business & Economics
Languages : en
Pages : 257
Get Book Here
Book Description
Originally published in 1988, this book offers the first comprehensive and critical analysis of the privatisation of public housing in Britain. It outlines the historical background to the growth of public housing and the developing political debatea surrounding its disposal. The main emphasis in the book, however, is on the ways in which privatisation in housing links to other key changes in British society. The long trend for British social housing to become a welfare housing sector is related to evidence of growing social polarisation and segregation. Within this overall context, the book explores the uneven spatial and social consequences of the policy.
Author: University of Regina. Canadian Plains Research Center
Publisher: University of Regina Press
ISBN: 9780889771123
Category : Business & Economics
Languages : en
Pages : 244
Get Book Here
Book Description
On 6 December 1996, the public consultation committee Talking About Saskatchewan Crowns (TASC) and the University of Regina held a one-day conference to examine the historic role of Saskatchewan Crown corporations and the future of public enterprise in a new world economy. The conference brought together renowned academic, business, and labour leaders, all contributing their input to a major review of Saskatchewan Crowns. The conference was divided into four sections: "Public Enterprise Developments: An International Perspective"; "Changing Attitudes and Expectations Regarding Public Ownership and Investment"; "Public Enterprise: In Whose Interest?"; and "Government Control: Ownership, Regulation, or Market Pressure?" The papers from the conference are included in this publication.
Author: Ioannis Nicolaos Kessides
Publisher: World Bank Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 328
Get Book Here
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.
