Bureaucrats in business : the economics and politics of government ownership

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Bureaucrats in business : the economics and politics of government ownership, Volume 1

Collection Title:	A World Bank policy research report	Date Stored:	2002/09/12
Document Date:	1995/09/30	Document Type:	Publication
ISBN:	ISBN 0-19-521106-5ISBN A 0-8213-3542-1ISBN S 0-8213-3540-5	Language:	English
Major Sector:	Public Administration, Law, and Justice	Report Number:	15037
Sub Sectors:	(Historic)Public sector management adjustment	SubTopics:	Environmental Economics & Policies; National Governance; Banks & Banking Reform; Health Economics & Finance; Enterprise Development & Reform
Volume No:	1

Summary: This book is the fourth in a series of Policy Research Reports that bring to a broad audience the results of World Bank research on important policy issues. It draws on extensive data and detailed case studies to show how divestiture and other reforms can improve economic performance, why politics often impede reform, and how reforming countries have overcome these obstacles. To demonstrate why some countries succeed in reform and some do not, the book compares policies for state-owned enterprises in twelve countries. It also documents the importance of three types of contracts for reforms: 1) performance contracts (between government and public managers); 2) management contracts (between the government and the private managers of a government firm); and 3) regulatory contracts (between a government and the owners of a privatized, regulated monopoly). It analyzes how performance contracts have not improved company performance, how management contracts have worked better and how regulatory contracts have usually worked well, provided that the government is able to design and implement effective regulations. Finally, the book presents detailed recommendations for the reform of state-owned enterprises.


Official Documents Official, scanned versions of documents (may include signatures, etc.)
File Type		Description	File Size (mb)

	PDF 370 pages	Official version*	25.9 (approx.)
	Text	Text version**

* The official version is derived from scanning the final, paper copy of the document and is the official,
archived version including all signatures, charts, etc.

** The text version is the OCR text of the final scanned version and is not an accurate representation of the final text.
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