Get The privatization challenge: a strategic, legal, and PDF

By Pierre Guislain

ISBN-10: 082133736X

ISBN-13: 9780821337363

This ebook discusses the fundamental strategic, felony, monetary, and institutional concerns in terms of privatization of state-owned organisations, with an emphasis at the coverage dimensions of privatization. detailed recognition is given to concerns coming up within the context of liberalization and privatization of the telecommunications and different infrastructure sectors. the writer attracts on reports of nations in all areas to demonstrate the dynamic personality of privatization. He demonstrates the complexity of the issues which can come up in this method, examines the relevance of accessible recommendations, and offers worthy reference issues for policymakers, executives, and advisors. Annexes checklist laws from greater than a hundred nations and 500 bibliographic references, in addition to really expert journals and web assets on privatization.

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Sample text

It matters little whether the assignment or transfer takes place by payment (sale) or some other means (free distribution of shares, for example). Nor does it matter whether the public agency is the state, the government, a ministry, a government department, a local authority, an enterprise effectively owned or controlled by the public sector, or any other public entity. The term divestiture is sometimes used restrictively to refer to a transfer of securities (SOE shares) or assets from the public sector to the private sector; a capital increase by an SOE may thus qualify as a privatization though not as a divestiture.

Publisher : World Bank isbn10 | asin : 082133736X print isbn13 : 9780821337363 ebook isbn13 : 9780585256450 language : English subject Government business enterprises--Law and legislation, Government ownership--Law and legislation, Privatization--Law and legislation, Government business enterprises, Government ownership, Privatization. 067 subject : Government business enterprises--Law and legislation, Government ownership--Law and legislation, Privatization--Law and legislation, Government business enterprises, Government ownership, Privatization.

Sources: Public documents. Page 6 Populaire governments of 193637 (armaments, aviation, railways); the movement resumed immediately after liberation with the nationalization of coal mining, air transport, electricity, gas, banks, and insurance companies. In Italy, too, state control of the economy tightened before the outbreak of the second world war: in 1933 the government created the Istituto per la Ricostruzione Industriale (IRI), a public holding company which by 1939 had absorbed the biggest banks and held large shareholdings in the iron and steel industry, among others.

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The privatization challenge: a strategic, legal, and institutional analysis of international experience by Pierre Guislain


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