Worlwide, evidence is increasing that privatization improves firm performance. But in some institutionally-weak transition economies, ownership change has so far not delivered on its promise. Why? Mass and rapid privatization shcmes turned over mediocre assets to people lacking the incentives, skills and resources to manage them well. What is to be done? Proposals include renationalization and/or postponement of further privatization, both to be accompanied by measures to strenghten the managerial and administrative capacities of the state.
Download Info
To our knowledge, this item is not available for
download. To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
Publisher Info
Paper provided by World Bank - International Finance Corporation in its series Papers with number
38.
Length: 29 pages Date of creation: 1999 Date of revision: Handle: RePEc:fth:wobafi:38
Contact details of provider: Postal: The World Bank; International Finance Corporation, 1818 H Street, N.W. Washington, D.C. 20433, U.S.A. Phone: 1 (202) 477-1234 Fax: 1 (202) 974-4384 Web page: http://www.ifc.org/ More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Thomas Krichel).
Find related papers by JEL classification: D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Boundaries of Public and Private Enterprise; Privatization; Contracting Out
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)