State-Owned Enterprises in the Middle East and North Africa: Privatization, Performance and Reform

ISBN-13: 9780415236096 / Angielski / Twarda / 2000 / 320 str.

Merih Celcasun; Merih Celasun

Opis

World-wide privatization has expanded rapidly, but in the Middle East and North Africa (MENA) region progress has been markedly slow. The two main obstacles to privatization in the MENA region are seen to be the high level of overstaffing in public enterprises and the inability of economies to create jobs fast enough. This volume is divided into two parts. The first addresses key issues of an institutional and politically economic nature to explain pressures for and against state-owned enterprise (SOE) reform and privatization. The second part of the book presents empirical studies of Egypt, Jordan, Sudan and Turkey to illustrate the specific roles played by the state and by interest groups in the pace of SOE reform, as well as to analyze the negative impact on productivity and financial performance of an inflated public sector. The conclusions drawn from these studies are that social protection and effective labour redundancy policies should be addressed prior to privatization and that a prerequisite for increased private sector investment in SOEs is needed to accelerate MENA's integration with the world economy via trade-related programmes and infrastructure.

Spis treści

Part I. Broad Issues and Region-Wide Perspectives 1. Perspectives on state-owned enterprises reform and the MENA region Merih Celasun 2. Institutional analysis of state-owned enterprises reform and MENA region Mustapha K. Nabli 3. Privatization: a positive analysis with extensions to the MENA region Sahar M. Tohamy and Peter Aranson 4. Getting ready for globalization - a new privatization strategy for the Middle East and North Africa? John Page 5. Infrastructure privatization in the Middle East and North Africa Jamal Saghir 6. Savings and privatizations Ahme d Galal Part II. Country Studies 7. An analysis of compensation programs for redundant workers in Egyptian public enterprise Ragui Assaad 8. State-owned enterprise in Jordan: strategy for reform Taher H. Kanaan 9. Privatization in Sudan in the 1990's: prospects and problems El-Khider Ali Musa 10. State-owned enterprises and privatization in Turkey: policy, performance and reform experience Merih Celasun and Ismail Arslan 11. Productivity and profitability in 500 largest firms in Turkey, 1980-1994 Suley man Ozmucur 12. The relative efficiency of public manufacturing industry in Turkey: an intertemporal analysis using parametric and nonparametric production function frontiers Osma n Zaim and Fatma Taskn

O autorze

Merih Celasun