IDEAS home Printed from
   My bibliography  Save this paper

Rebalancing the Public and Private Sectors: The Case of Malaysia


  • Roger S. Leeds


Although the objectives of the Privatisation Programme in Malaysia were clearly stated from the start, there was no overall implementation plan during the first few years. Thus, the early targets of privatisation as well as the specific methods applied were chosen in an ad hoc manner. A major constraint for the implementation of this programme was the political necessity to protect and promote Bumiputra interests.Following a description and a critical analysis of the various measures and techniques used in both the liberalisation and the privatisation process, with a particular reference to the Port Kelang privatisation experience, the author underlines some major lessons such as: legal changes take time to be materalised; each transaction related to a privatisation programme is different; the private sector must be willing to expand its role; the scarcest resource is skilled technical expertise; the importance of government organisation is often underestimated; developing a ... Les objectifs du programme de privatisation en Malaisie ont été clairement énoncés dès le départ mais, pendant les premières années, aucun plan d'ensemble n'a été prévu pour son exécution. Ainsi, les objectifs initiaux de la privatisation et les méthodes spécifiques appliquées ont-ils été choisis en fonction des besoins.Après avoir décrit les diverses mesures et techniques de libéralisation et de privatisation appliquées à l'entreprise et en avoir fait l'analyse critique, s'attachant notamment à la privatisation de Port Kelang, l'auteur s'arrête sur quelques enseignements importants, par exemple : il faut du temps pour qu'un changement dans la législation prenne corps dans la réalité ; dans un programme de privatisation, il n'y a pas deux transactions semblables ; le secteur privé doit être prêt à jouer un rôle plus important ; les compétences d'experts sont la ressource la plus rare ; on sous-estime souvent l'importance de l'administration ; obtenir un consensus sur la mise en ...

Suggested Citation

  • Roger S. Leeds, 1989. "Rebalancing the Public and Private Sectors: The Case of Malaysia," OECD Development Centre Working Papers 5, OECD Publishing.
  • Handle: RePEc:oec:devaaa:5-en

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oec:devaaa:5-en. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.