Why and when do government's initiate public enterprise reform? (English)

Initiating public enterprise reform is a complex decision influenced by economic factors as well as the ideological biases and personalities of political leaders. Nevertheless, the use of a contracting framework yields important generalizations about what drives the decision. This article argues that the decision depends fundamentally on the potential efficiency gains from the reform and its associated transactions costs. Costs arise because of asymmetries...

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Author

Campos,Jose Edgardo L.;

Esfahani, Hadi Salehi;
Document Date
1996/09/01
Document Type
Journal Article
Report Number
77129
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2013/05/14
Disclosure Status
Disclosed
Doc Name
Why and when do government's initiate public enterprise reform?
Keywords
Public Enterprise Reform

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Citation

Campos,Jose Edgardo L.; Esfahani, Hadi Salehi.

Why and when do government's initiate public enterprise reform? (English). Washington DC ; World Bank. http://documents.worldbank.org/curated/en/280251468331762207

Why and when do government's initiate public enterprise reform? (English)

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