Publication:
Labor Redundancies and Privatization

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dc.contributor.authorKikeri, Sunita
dc.date.accessioned2012-08-13T15:15:04Z
dc.date.available2012-08-13T15:15:04Z
dc.date.issued1999-01
dc.description.abstractWhen state-owned enterprises preparing for privatization have very high levels of redundant workers and when social safety nets and redundancy provisions in labor laws are inadequate or lacking, the political and social implications of layoffs mean that the government should be involved in the design and funding of special programs to deal with unemployment and labor unrest. This note reviews the main elements of such programs severance and retirement benefits, retraining and redeployment support, employee share ownership schemes, and importantly, mechanisms to ensure labor consultation and participation. In many countries these programs need to go hand-in-hand with reforms to expand private labor markets: removing obstacles to job creation, ending restrictions on hiring and firing, and eliminating taxes that raise the cost of labor.en
dc.identifierhttp://documents.worldbank.org/curated/en/1999/01/12119803/labor-redundancies-privatization
dc.identifier.doi10.1596/11505
dc.identifier.urihttps://hdl.handle.net/10986/11505
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesViewpoint: Public Policy for the Private Sector; Note No. 174
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACTIVE LABOR
dc.subjectACTIVE LABOR MARKET
dc.subjectACTIVE LABOR MARKET PROGRAMS
dc.subjectADVERSE SELECTION
dc.subjectATTRITION
dc.subjectBANK OPERATIONS
dc.subjectBENEFITS OF PRIVATIZATION
dc.subjectBIDS
dc.subjectCAPITAL GAINS
dc.subjectCONCEPT OF PRIVATIZATION
dc.subjectDEVELOPING COUNTRIES
dc.subjectDIVIDEND
dc.subjectEARLY RETIREMENT
dc.subjectECONOMIC BENEFITS
dc.subjectECONOMIC DISTRESS
dc.subjectECONOMIC RETURNS
dc.subjectEMPLOYEE
dc.subjectEMPLOYMENT LEVELS
dc.subjectEMPLOYMENT PROGRAMS
dc.subjectENTERPRISE DEVELOPMENT
dc.subjectENTERPRISE RESTRUCTURING
dc.subjectEXECUTIVE DIRECTORS
dc.subjectFINANCING ARRANGEMENTS
dc.subjectFIRING
dc.subjectFUTURE EARNINGS
dc.subjectHIRING
dc.subjectINNOVATIONS
dc.subjectINSTITUTIONAL CAPACITY
dc.subjectJOB CREATION
dc.subjectJOB SEARCH
dc.subjectJOB SEARCH ASSISTANCE
dc.subjectJOBS
dc.subjectLABOR ADJUSTMENT
dc.subjectLABOR FORCE
dc.subjectLABOR LAWS
dc.subjectLABOR LEGISLATION
dc.subjectLABOR MARKET
dc.subjectLABOR MARKET CHARACTERISTICS
dc.subjectLABOR MARKETS
dc.subjectLABOR OPPOSITION
dc.subjectLABOR PRODUCTIVITY
dc.subjectLABOR REDUNDANCIES
dc.subjectLABOR RELATIONS
dc.subjectLABOR SUPPORT
dc.subjectLABOR UNIONS
dc.subjectLAID-OFF WORKERS
dc.subjectLAYOFFS
dc.subjectMETHOD OF PRIVATIZATION
dc.subjectPENSION
dc.subjectPENSION FUNDS
dc.subjectPENSION LIABILITIES
dc.subjectPENSION REFORMS
dc.subjectPLACEMENT SERVICES
dc.subjectPOVERTY ALLEVIATION
dc.subjectPRIVATE COMPANY
dc.subjectPRIVATE INSTITUTIONS
dc.subjectPRIVATE INVESTORS
dc.subjectPRIVATE OWNERS
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATE SECTOR DEVELOPMENT
dc.subjectPRIVATIZATION
dc.subjectPRIVATIZATION PROCESS
dc.subjectPRODUCTIVE ACTIVITIES
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SECTOR DOWNSIZING
dc.subjectPUBLIC WORKS
dc.subjectRAILWAY WORKERS
dc.subjectREDUNDANCY
dc.subjectREDUNDANT WORKERS
dc.subjectRETIREMENT
dc.subjectRETIREMENT PROGRAM
dc.subjectRETRAINING PROGRAMS
dc.subjectSAFETY
dc.subjectSAFETY NET
dc.subjectSAFETY NETS
dc.subjectSALE OF ASSETS
dc.subjectSALE PRICE
dc.subjectSENIORITY
dc.subjectSERVICE PROVIDERS
dc.subjectSEVERANCE BENEFITS
dc.subjectSEVERANCE PAYMENTS
dc.subjectSHARE OWNERSHIP
dc.subjectSMALL BUSINESS
dc.subjectSMALL BUSINESSES
dc.subjectSMALL ENTERPRISES
dc.subjectSOCIAL FUNDS
dc.subjectSOCIAL SAFETY NET
dc.subjectSOCIAL SAFETY NETS
dc.subjectSTAFF
dc.subjectSTATE ENTERPRISE
dc.subjectSTATE ENTERPRISES
dc.subjectSTATE-OWNED ENTERPRISES
dc.subjectTECHNICAL ASSISTANCE
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT INSURANCE
dc.subjectVOLUNTARY DEPARTURES
dc.subjectWAGES
dc.subjectWORKER
dc.subjectWORKERS
dc.subjectWORKING CAPITAL
dc.titleLabor Redundancies and Privatizationen
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.crosscuttingsolutionareaPublic-Private Partnerships
okr.date.doiregistration2025-04-29T10:27:29.818396Z
okr.doctypePublications & Research::Viewpoint
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/1999/01/12119803/labor-redundancies-privatization
okr.globalpracticeSocial Protection and Labor
okr.globalpracticeTrade and Competitiveness
okr.guid508411468151791927
okr.identifier.externaldocumentum000333038_20100420025746
okr.identifier.internaldocumentum12119803
okr.identifier.report54114
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/04/20/000333038_20100420025746/Rendered/PDF/541140VP01740kikeri00Box345636B01PUBLIC1.pdfen
okr.topicPrivate Sector Development::Privatization
okr.topicSocial Protections and Labor::Labor Markets
okr.topicSocial Protections and Labor::Labor Policies
okr.topicSocial Protections and Labor::Labor Management and Relations
okr.topicPrivate Sector Development::Emerging Markets
okr.unitCorporate Governance - WB (GCMCG)
okr.volume1 of 1
relation.isSeriesOfPublication1067ecbf-b217-4376-a77e-64594be2b212
relation.isSeriesOfPublication.latestForDiscovery1067ecbf-b217-4376-a77e-64594be2b212
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