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Public Enterprises Restructuring And Privatization: Issues And Bottlenecks of Implementation In Developing Countries With A Particular Emphasis on Ethiopia

Abstract: 

Privatization and restructuring programs have been prominent issues especially in developing economies since 1980's. There is a sense that public ownership somehow leads to lower levels of efficiency than are possible under private ownership. However, privatization and private participation in infrastructure have undergone much criticism, especially in developing economies. The argument is that even if privatization contributes to improved efficiency and financial performance, it has a negative effect on the distribution of wealth, income, and political power. In this context, the paper examines the issues and processes of privatization and restructuring in developing countries. Specifically, this paper explores strategies commonly used by public enterprises and analyzes bottlenecks in the implementation of public enterprises privatization and restructuring programs. More importantly, the paper throws light on the aspect of restructuring and privatization in Ethiopia. In so, critical issues, including the strategies and approaches adopted by the government of Ethiopia and the status of the programme is appraised from effectiveness point of view

Corporate Author: 
Getnet Alemu (Editor) & Ethiopian Economic Association/Ethiopian Economic Policy Research Institute
Publisher: 
Ethiopian Economic Association (EEA)
ISBN/ISSN: 
978-99944-54-10-5
Primary Descriptors: 

Public Enterprises

Geographic Descriptors: 
developing countries, Ethiopia
Cataloge Date: 
02/27/2013
Broad Subject heading: 
Privatization
Call Number: 
330.963 PRO 2009
Serial Key Title: 
Proceedings of the Sixth International Conference on the Ethiopian Economy
Publication catagory: 
Content type: 
Volume: 
I
Publication date: 
2013-05-27 23:09:00
Forum or Discussion date: 
2013-02-27 15:02:19
Place of publication: 
Addis Ababa, Ethiopia
Type of material: 
Book
Current frequency: 
Annualy