The implications of privatization of state owned

Mixed-ownership company 1 and concessions 2 A World Bank report lists the following examples of successful public-private partnerships in developing countries: Nicaragua, the Netherlands and Uruguay have even passed laws banning water privatization. Small-scale operators can be owned by individual entrepreneurs or can take the form of cooperatives, as it is the case in Honduras. Small-scale operators do not always comply with technical norms and the quality of the water they provide or their tariffs are often not regulated.

The implications of privatization of state owned

There is no generally accepted definition of management as an activity. Management has been defined by different authors.

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Kast and Rosenzweig Management is a process of organizing and employing resources to accomplish predetermined objective as well as planning the means of reaching them. Despite the differences in approach, the various authors have one thing in common and that is the planning and directing of resources towards the accomplishment of a set goal.

Public enterprises are mainly government owned business organizations charged with the responsibility of providing services that are of public interest. Each of these organizations is established by the government, hence the extent of their operation and ownership of property are subject to control by the government.

According to William A. The question however, is whether these public enterprises have been fulfilling their public functions to the public. The origin of public enterprises in developing countries dates back to colonial period when many European nations utilized public corporations as an arm of their government for seizing foreign territories Pabrikant quoted by Okpata Historically, the system of public enterprises began in Nigeria in when the British Colonial Administration undertook the Railway Transport project in Nigeria from Iddo in the capital city of Lagos to the Hinterland.

This was followed by coal mining, electricity and marine which later became ports Tokumbo quoted by Okpata Still on historical perspective of development of public enterprises in Nigeria, after the political independence of Nigeria inthe influx of public enterprises increased immensely as the Nigerian Policy formulators resorted to the use of public enterprises as viable instrument of implementing development programs.

The major Landmark in the evolution of public enterprise in Nigeria came in with the conversion of public utilities operated under government departments into public corporation.

Public utility is an organization that supplies water, electricity, gas etc to people while public corporations are established by the government to cater mainly for the society. Nigeria witnessed a rapid growth of public enterprises during the post independent era thus emphasis on public enterprises varied with development plans Okpata Meanwhile, a close and critical look at some public enterprises be it federal, state or local government owned, reveals that something is wrong somewhere.

This really calls for a serious investigation but already, Agulua To achieve the economic objectives, the government in the Nigerian policy should assume the role of the entrepreneur and set up the public corporations Ademolakun This bold step taken by the federal government as a solution to the problem of poor performance of the organizations owned by the government is a clear indication and admission that the general idea of poor management directed against most government or public enterprises has strong base.

All types of enterprise require good management and performance to function efficiently and effectively. Public enterprises depending on the goals set out for each are expected to render some welfare services to the people, generate revenue with which to finance developmental projects; undertake certain infrastructural facilities such as ports and harbours and also provide employment opportunities.

It is unfortunate that these enterprises being established by government have been viewed as being unable to perform up to the standard expected of them by the public, that they are meant to serve.

This has attracted a lot of attention and general comments in several quarters, both from the government and the governed, the private and the public sector itself. The general idea far and wide is that these public enterprises are suffering from poor management. These comments both positive and adverse need some investigation and that is what this project intend to do.

This study therefore focuses on the management of public enterprise in Nigeria: What are the strengths and weaknesses of such organization? Does the type of management structure have effect on the operations of the organization?

Problems Facing Public Enterprises in Nigeria

Are there ways of improving or strengthening the operations of the organization?The company was created on April 15, by Resolution №.

of the Russian government, following Presidential Decree №.

The implications of privatization of state owned

(November 17, ), [citation needed] which had directed the government to transfer its directly owned oil and gas operations into separate companies, in preparation for privatization, with the aim of developing the oil and gas sector in Russia. Zoned in the USA: The Origins and Implications of American Land-Use Regulation [Sonia A.

Hirt, Sonia Hirt] on metin2sell.com *FREE* shipping on qualifying offers. Why are American cities, suburbs, and towns so distinct? Compared to European cities, those in the United States are characterized by lower densities and greater distances; neat.

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The meaning of privatization depends in practice on a nation's position in the world economy. In the wealthier countries it is easy to treat privatization purely as a question of domestic policy.

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But where the likely buyers are foreign, as in the Third World, privatization of state-owned enterprises often means denationalization--a transfer of. In this report, the authors describe the deterioration of China's health care system in the s and s in the context of privatization of the Chinese economy.

They discuss the Chinese. uganda national ngo forum structural adjustment participatory review initiative (sapri) the privatisation process and its impact on society july Privatization: What Have We Learned?

1 Sergei Guriev2 and William Megginson3 not so far included the mass privatization of state-owned enterprises and yet has produced very negative externalities, privatization may .

Privatization - Wikipedia