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Turkey - Privatization Social Support Project (English)

The Privatization Social Support Project for Turkey aims to support the achievements of the objectives of the Government's Privatization Program, mitigate the negative social and economic impact of the privatization of state-owned enterprises, and monitor the social impact of the Economic Reform Program (ERP). The project has two components, with the second component having several sub-components. The first component provides severance and related payments to workers displaced because of the privatization of state-owned enterprises. The second component provdies labor re-deployment services to workers who have been displaced becuase of privatization, and including secondary lay-offs, and assists them in rapidly re-entering the labor market. Sub-components comprise, as part of the development and maintenance of the administrative framework, developing inter-agency protocols, administrative arrangements such as sub-contracting procedures, monitoring, and reporting; developing public information on the Labor Redeployment Program for use by Lead Agencies, with state-owned enterprises, unions, service providers, the unemployed, and the general public; developing and operating a management information system; assessing and planning the demand for labor redeployment services; and delivering these services to unemployed workers through sub-contractors to the lead agencies, providing in-depth job counseling, temporary community employment, and worker re-training.


  • Document Date


  • Document Type

    Project Appraisal Document

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  • Region

    Europe and Central Asia,

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  • Doc Name

    Turkey - Privatization Social Support Project

  • Keywords

    Privatization;welfare consequence;economic reform program;displaced worker;Policy and human Resource Development;project rationale;labor redeployment program;job loss;income support payment;temporary income support;severance payment;economic and social policy;social impact of privatization;positive return on investment;international federation of accountants;small business assistance program;privatization program;excess labor;income support program;social assistance program;privatization of state;social support;active labor program;Local Economic Development;real interest rate;front end fee;years of service;Labor Market;real exchange rate;distribution of consumption;economic development strategy;reduction in inflation;job placement rate;readiness for implementation;demand for service;balance of payment;phases of privatization;adequate safety net;job placement service;number of workers;social assistance payments;private sector purchaser;performance based contract;output per worker;civil service status;cost of labor;local service provider;unemployment benefit program;delivery of service;government's reform program;cost of service;level of employment;temporary community employment;social assistance system;financial management requirement;share of output;costs of programs;personal income tax;social support system;acceleration of privatization;corporate tax payments;individual pension account;chambers of commerce;employment agency;positive impact;industrial sector;affected worker;relative price;social issue;labor displacement;public fund;fiscal adjustment;Exchange Rates;finding employment;discount price;public finance;equal amount;domestic debt;industrial strategy;investment criterion;vulnerable group;labor requirement;coping strategy;net impact;alternate employment;policy option;political objective;cost breakdown;sector work;basic food;chemical industry;light manufacturing;telephone company;steel industry;vat rate;electricity distribution;administrative operation;compensation payment;disbursement procedure;export growth;textile industry;sale price;probable increase;fiscal package;moral hazard;auditing standard;arm length;privatization strategy;tender procedure;sale transaction;environmental safeguard;Job Creation;employment creation;household budget;annual expenditure;administrative procedure;state planning;unemployed worker;telecommunications sector;financial account;project execution;administrative framework;cash revenue;turkish lira;primary focus;labor service;sale contract;project operation;management consultant;Management Systems;financial statement;grace period;borrower commitment;negative effect;fiscal burden;broad agreement;project finance;allocative efficiency;net provision;loss-making enterprise;financial product;poverty target;labor shedding;annex annex;alternative employment;enterprise management;minimum wage;retirement fund;voluntary retirement;monthly wage;social standpoint;public support;labor representative;vulnerable communities;transition economy;Commitment Fee;Transition economies;base case;majority ownership;productive employment;electricity price;taxation rate;basic good;revenue reform;regressive impact;revenue adjustment;privatization agenda;adequate financing;tax adjustment;early retirement;public debt;inflation experience;investment loan;public budget;electricity sector;Property tax;effectiveness condition;Safeguard Policies;safeguard policy;effective service;small farmer;agricultural subsidy;living standard;Social Welfare;support policy;support price;adjustment cost;indexation mechanisms;nominal income;employment generation;escape poverty;private consumption;international market;appraisal mission;general population;loan fund;ongoing privatization;program finance;marketable skill;state enterprises;productivity increase;loan facility;steel plant;high unemployment;excess worker;social cost;unionize environment;investment alternative;



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Turkey - Privatization Social Support Project (English). Washington, D.C. : World Bank Group.