Publication:
Alternatives to Infrastructure Privatization Revisited : Public Enterprise Reform from the 1960s to the 1980s

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dc.contributor.authorGómez-Ibáñez, José A.
dc.date.accessioned2012-06-08T21:21:31Z
dc.date.available2012-06-08T21:21:31Z
dc.date.issued2007-11
dc.description.abstractFrustration with the performance of State-owned enterprises (SOEs) has led to two rounds of reform: the first round, from the 1960s through the 1980s, attempted to improve SOE performance while maintaining public ownership while the second, beginning in the late 1980s, viewed privatization as the answer. Interest in the earlier round of reform has increased recently as controversy has slowed or halted privatization in many countries, especially for SOEs providing infrastructure services that are basic to everyday life and are thought to have elements of monopoly. This paper reexamines the earlier round of reforms, focusing particularly on efforts to increase the firms' capacity with infusions of human and physical capital, to strengthen managerial incentives through performance contracts and corporatization and to alter the mix of political and economic forces that impinge on the firm by strengthening the involvement of taxpayers, customers or private investors. The review suggests that these earlier approaches generated only modest success but that some of them, selectively applied, may be helpful in improving the performance of infrastructure firms that remain in public hands.en
dc.identifierhttp://documents.worldbank.org/curated/en/2007/11/8681981/alternatives-infrastructure-privatization-revisited-public-enterprise-reform-1960s-1980s
dc.identifier.doi10.1596/1813-9450-4391
dc.identifier.urihttps://hdl.handle.net/10986/7604
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 4391
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectACCOUNTING STANDARDS
dc.subjectAFFORDABLE PRICES
dc.subjectARREARS
dc.subjectBAILOUTS
dc.subjectBALANCE SHEETS
dc.subjectBANKRUPTCY
dc.subjectBONDS
dc.subjectBRANCH
dc.subjectBUDGETARY SUPPORT
dc.subjectBUDGETING
dc.subjectBUSINESS MANAGER
dc.subjectBUSINESS MANAGERS
dc.subjectBUSINESSES
dc.subjectCAPABILITIES
dc.subjectCAPABILITY
dc.subjectCAPACITY BUILDING
dc.subjectCAPITAL MARKETS
dc.subjectCASH FLOW
dc.subjectCASH FLOWS
dc.subjectCENTRAL AMERICAN
dc.subjectCOLLECTIVE ACTION
dc.subjectCOLLECTIVE ACTION PROBLEMS
dc.subjectCOMMERCIAL ACTIVITIES
dc.subjectCOMMERCIAL OPERATION
dc.subjectCOMMERCIAL TERMS
dc.subjectCOMPETITIVE BIDDING
dc.subjectCOMPETITIVE MARKETS
dc.subjectCOMPETITOR
dc.subjectCOMPETITORS
dc.subjectCONFLICTS OF INTEREST
dc.subjectCONTROL SYSTEMS
dc.subjectCORPORATE GOVERNANCE
dc.subjectCORPORATION
dc.subjectCORPORATIONS
dc.subjectCORPORATIZATION
dc.subjectCREDITORS
dc.subjectCRITICAL MASS
dc.subjectCROSS-SUBSIDIES
dc.subjectCUSTOMER RELATIONS
dc.subjectDAY-TO-DAY MANAGEMENT
dc.subjectDEBT
dc.subjectDEBTS
dc.subjectDEFICITS
dc.subjectDEMOCRACY
dc.subjectDEPRECIATION
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING COUNTRY
dc.subjectDIVIDENDS
dc.subjectDRINKING WATER
dc.subjectDRINKING WATER QUALITY
dc.subjectECONOMIC COOPERATION
dc.subjectECONOMIC DEVELOPMENT
dc.subjectEFFICIENCY IMPROVEMENTS
dc.subjectELECTRICITY
dc.subjectELECTRONICS INDUSTRIES
dc.subjectEMPLOYMENT
dc.subjectENTERPRISE PERFORMANCE
dc.subjectENTERPRISE REFORM
dc.subjectENTERPRISE REFORMS
dc.subjectEQUIPMENT
dc.subjectEQUITY STAKE
dc.subjectEXPANSION
dc.subjectEXPOSURE
dc.subjectEXTERNAL FINANCING
dc.subjectFINANCIAL RESOURCES
dc.subjectFINANCIAL SUPPORT
dc.subjectFIRM PERFORMANCE
dc.subjectFIRMS
dc.subjectFOREIGN PARTNERS
dc.subjectGOVERNMENT CAPACITY
dc.subjectGOVERNMENT CORPORATION
dc.subjectGOVERNMENT DEBT
dc.subjectGOVERNMENT OFFICES
dc.subjectGOVERNMENT OWNERSHIP
dc.subjectGOVERNMENT SUBSIDIES
dc.subjectGOVERNMENT SUPPORT
dc.subjectHOLDING
dc.subjectHOLDING COMPANIES
dc.subjectHOLDING COMPANY
dc.subjectHOLDINGS
dc.subjectHUMAN CAPACITY
dc.subjectHUMAN CAPITAL
dc.subjectINCOME
dc.subjectINDEPENDENT REGULATOR
dc.subjectINDEPENDENT REGULATORY BODY
dc.subjectINFLATION
dc.subjectINFORMATION ASYMMETRY
dc.subjectINFRASTRUCTURE PRIVATIZATION
dc.subjectINNOVATION
dc.subjectINSTITUTION
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectJOINT VENTURE
dc.subjectJOINT VENTURES
dc.subjectLATIN AMERICAN
dc.subjectLEASING
dc.subjectLEGAL SYSTEM
dc.subjectLEVEL PLAYING FIELD
dc.subjectLICENSES
dc.subjectLOCAL ECONOMY
dc.subjectLOCAL ENTREPRENEURS
dc.subjectLOCAL INSTITUTIONS
dc.subjectMANUFACTURING
dc.subjectMANUFACTURING ENTERPRISES
dc.subjectMARGINAL COST
dc.subjectMARGINAL COST PRICING
dc.subjectMARGINAL COSTS
dc.subjectMARKET SHARE
dc.subjectMARKETING
dc.subjectMIXED ENTERPRISE
dc.subjectMIXED ENTERPRISES
dc.subjectMOBILE TELEPHONES
dc.subjectMODEL CODE
dc.subjectMONOPOLIES
dc.subjectMONOPOLY
dc.subjectMONOPOLY REGULATION
dc.subjectMULTINATIONAL
dc.subjectOIL PRICES
dc.subjectOUTSOURCING
dc.subjectOVERSEAS TRAINING
dc.subjectPARTY
dc.subjectPERFORMANCE MEASURES
dc.subjectPHONE
dc.subjectPOLITICAL ECONOMY
dc.subjectPOLITICAL RISKS
dc.subjectPRICE CAPS
dc.subjectPRICE REGULATION
dc.subjectPRINCIPAL PAYMENTS
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE COMPANIES
dc.subjectPRIVATE COMPANY
dc.subjectPRIVATE ENTERPRISES
dc.subjectPRIVATE EQUITY
dc.subjectPRIVATE FIRM
dc.subjectPRIVATE FIRMS
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE INVESTOR
dc.subjectPRIVATE INVESTORS
dc.subjectPRIVATE OPERATORS
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATE SECTOR MANAGERS
dc.subjectPRIVATE SECTORS
dc.subjectPRIVATE SERVICES
dc.subjectPRIVATE UTILITIES
dc.subjectPRIVATE WATER
dc.subjectPRIVATE WATER COMPANIES
dc.subjectPRIVATIZATION
dc.subjectPRIVATIZATIONS
dc.subjectPROCUREMENT
dc.subjectPRODUCTIVITY
dc.subjectPUBLIC ADMINISTRATION
dc.subjectPUBLIC ADMINISTRATIONS
dc.subjectPUBLIC AGENCIES
dc.subjectPUBLIC COMPANIES
dc.subjectPUBLIC COMPANY
dc.subjectPUBLIC ENTERPRISE
dc.subjectPUBLIC ENTERPRISES
dc.subjectPUBLIC POLICY
dc.subjectPUBLIC WATER
dc.subjectPUBLIC-PRIVATE PARTNERSHIPS
dc.subjectQUALITY OF SERVICE
dc.subjectREGULATOR
dc.subjectREGULATORS
dc.subjectREGULATORY AGENCIES
dc.subjectREGULATORY AGENCY
dc.subjectRENEGOTIATION
dc.subjectREPUTATION
dc.subjectRESULT
dc.subjectRESULTS
dc.subjectRETURN
dc.subjectRETURNS
dc.subjectSERVICE PROVIDERS
dc.subjectSEWAGE SYSTEMS
dc.subjectSHARE PRICE
dc.subjectSHARE PRICES
dc.subjectSHAREHOLDER
dc.subjectSHAREHOLDER RIGHTS
dc.subjectSHAREHOLDERS
dc.subjectSMALL COUNTRIES
dc.subjectSMALL INVESTORS
dc.subjectSOCIAL RESPONSIBILITY
dc.subjectSTOCK EXCHANGE
dc.subjectSTOCK OPTIONS
dc.subjectSUPERVISORY AGENCIES
dc.subjectSUPERVISORY AGENCY
dc.subjectSUPPLIERS
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectTARGETS
dc.subjectTARIFF REGULATION
dc.subjectTAX
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTECHNICAL EXPERTISE
dc.subjectTECHNICAL SKILLS
dc.subjectTELEPHONE
dc.subjectTELEPHONY
dc.subjectTRADITIONAL INFRASTRUCTURE
dc.subjectTRAINING COURSES
dc.subjectTREASURY
dc.subjectUNIVERSAL ACCESS
dc.subjectUTILITIES
dc.subjectVENDORS
dc.subjectWASTE WATER
dc.subjectWASTE WATER TREATMENT
dc.subjectWASTEWATER SERVICES
dc.subjectWATER COMPANIES
dc.subjectWATER UTILITIES
dc.subjectWEB
dc.subjectWHITE PAPER
dc.subjectWHITE PAPERS
dc.titleAlternatives to Infrastructure Privatization Revisited : Public Enterprise Reform from the 1960s to the 1980sen
dspace.entity.typePublication
okr.crossref.titleAlternatives To Infrastructure Privatization Revisited : Public Enterprise Reform From The 1960s To The 1980s
okr.date.doiregistration2025-04-10T10:42:48.960478Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2007/11/8681981/alternatives-infrastructure-privatization-revisited-public-enterprise-reform-1960s-1980s
okr.globalpracticeTransport and ICT
okr.globalpracticeFinance and Markets
okr.globalpracticeTransport and ICT
okr.globalpracticeTrade and Competitiveness
okr.guid184021468137989085
okr.identifier.doi10.1596/1813-9450-4391
okr.identifier.externaldocumentum000158349_20071112104415
okr.identifier.internaldocumentum8681981
okr.identifier.reportWPS4391
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2007/11/12/000158349_20071112104415/Rendered/PDF/wps4391.pdfen
okr.topicFinance and Financial Sector Development::Microfinance
okr.topicPrivate Sector Development::Emerging Markets
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicInfrastructure Economics and Finance::Private Participation in Infrastructure
okr.topicPrivate Sector Development::E-Business
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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