IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this paper or follow this series

Privatization And Public Enterprise Reform: A Suggestive Action Plan

  • Simrit Kaur

    ()

Registered author(s):

    Introducing reforms for the State Owned Enterprises (SOEs) has been an integral part of the reform process initiated in India since 1990s. While reforming, the concerns about ownership, competition and regulation, which have a direct bearing on the issue of the relative performance of publicly owned and privately owned firms have been adequately looked into. This paper focuses on the various modalities of reform options, such as Divestiture (whereby private ownership is inducted in publicly owned enterprises), Greenfield Privatization (whereby private sector is allowed to come and compete in areas hitherto reserved for public sector), and Cold Privatization (that is granting greater autonomy to managers of SOEs by making them sign Memorandum of Understanding) adopted by India to improve the performance of its SOEs. Specifically, the paper gives a comprehensive assessment of the disinvestment policies implemented since 1990. The paper provides a suggestive action plan to spur reforms and improve outcomes and concludes by summarizing the main findings from an overall policy perspective in the context of the Indian SOE reform programme.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL: https://crawford.anu.edu.au/acde/asarc/pdf/papers/2004/WP2004_08.pdf
    Download Restriction: no

    Paper provided by The Australian National University, Australia South Asia Research Centre in its series ASARC Working Papers with number 2004-08.

    as
    in new window

    Length: 22
    Date of creation: 2004
    Date of revision:
    Handle: RePEc:pas:asarcc:2004-08
    Contact details of provider: Postal: Crawford Building, Lennox Crossing, Building #132, Canberra ACT 2601
    Phone: +61 2 6125 4705
    Fax: +61 2 6125 5448
    Web page: https://crawford.anu.edu.au/acde/asarc/
    Email:


    More information through EDIRC

    References listed on IDEAS
    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.:

    as in new window
    1. Furubotn, Eirik G & Pejovich, Svetozar, 1972. "Property Rights and Economic Theory: A Survey of Recent Literature," Journal of Economic Literature, American Economic Association, vol. 10(4), pages 1137-62, December.
    2. John Vickers & George Yarrow, 1988. "Privatization: An Economic Analysis," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262720116, June.
    3. Yarrow, George, 1999. "A theory of privatization, or why bureaucrats are still in business," World Development, Elsevier, vol. 27(1), pages 157-168, January.
    4. Armen A. Alchian & Harold Demsetz, 1971. "Production, Information Costs and Economic Organizations," UCLA Economics Working Papers 10A, UCLA Department of Economics.
    5. Akerlof, George A, 1970. "The Market for 'Lemons': Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, MIT Press, vol. 84(3), pages 488-500, August.
    6. Nellis, John & Kikeri, Sunita, 1989. "Public enterprise reform: Privatization and the World Bank," World Development, Elsevier, vol. 17(5), pages 659-672, May.
    7. Ramamurti, Ravi, 1999. "Why haven't developing countries privatized deeper and faster?," World Development, Elsevier, vol. 27(1), pages 137-155, January.
    Full references (including those not matched with items on IDEAS)

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:pas:asarcc:2004-08. 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: (Stephanie Hancock)

    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.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 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.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.