Privatisation of public enterprises: emerging dimensions

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Anmol Publications, Jan 1, 1995 - Business & Economics - 393 pages
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The Issue Of Privatization Of Public Enterprises Has Assumed The Importance In Recent Years In The Context Of Changing Global Economic Scenario, Emerging Fiscal Constraints And The Poor Performance Of Public Enterprises And Their Inability To Contribute To Further Economic Development. The Pressures And Conditionalities Imposed By The International Donor And Commercial And Lending Agencies Like The World Bank And The Imf For Structural Reforms To Ensure The Competitiveness Of Its Economy Which Include Lower Protective Tariffs, Increasing Foreign Investments In Financial Sector, Industrial Deregulation And Privatization, Is Part Of Macro-Economic Adjustment Programme And Which Plays The Positive Role In Ensuring A Healthy And Efficient Economy.The Failure Of Nationalization Acted As One Of The Principal Driving Forces Behind Privatization. In The 1980S And 1990S So Far, The Privatization As A Tool Of Economic Growth And Stability In The Changed Economic Environment Has Been Employed In A Developing Country Like India.This Book Is An Attempt To Bring Together At One Place The Various Perceptions On The Multi-Dimensional Process Of Privatization Of Public Enterprises In India With The Help Of Contributions Of Economists And Social Scientists.This Book Has Implications For Formulating Policies In Order To Restructure The Public Sector Undertakings And Work Out Various Privatization Strategies Suited To The Indian Conditions.

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Global Developments and Major
Privatisation Versus Public Sector

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