Publisher description for Bureaucrats in business : the economics and politics of government ownership.


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After more than a decade of privatization, state-owned enterprises still account for nearly as large a share of developing countries' economies as they did twenty years ago. Drawing on detailed case studies of twelve countries, this report explains how divestiture and other measures improve the economy, why politics often impedes reforms, how countries overcome obstacles, and why so few countries have reformed. The final chapter offers detailed guidance on how to competently reform state-owned companies.


Library of Congress subject headings for this publication:
Government ownership -- Developing countries.
Government business enterprises -- Developing countries.
Industrial efficiency -- Developing countries.
Socialism -- Developing countries.
Developing countries -- Economic conditions.