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Policies for Restructuring of the State Firms in Sector Water Supply and Sewage

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  • Spartak Keremidchiev

Abstract

The paper presents results from a complex study of the past restructuring of water and waste water sector companies. The degree and scope of defensive and strategic restructuring, as well as the main impediments associated with this process are revealed for the state-owned companies. Main policy principles for further restructuring are elaborated and proposed. The starting point in designing the principles and recommendations is that the restructuring has to lead to fast adjustment to the market conditions and to improve quality of provided services. Initiatives for establishing and carrying out policy for restructuring of state-owned companies from this sector are elaborated at government and company level.

Suggested Citation

  • Spartak Keremidchiev, 2008. "Policies for Restructuring of the State Firms in Sector Water Supply and Sewage," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 66-111.
    • Handle: RePEc:bas:econst:y:2008:i:3:p:66-111
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • P31 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions
    • L95 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Gas Utilities; Pipelines; Water Utilities
    • L98 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Government Policy

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