Bangladesh's Privatization Policy
8 Pages Posted: 2 May 2001
Date Written: 1999
Abstract
This paper provides an overview of Bangladesh's Privatization Policy. The present policies can be improved if the terms and conditions of the sale are well-defined and upheld. Discipline in the financial sector is a necessary condition for the success of the privatization program. Without financial sector discipline, privatization may offer avenues for rent-seeking. The tendering process for selling enterprises should be strengthened to attract many potential buyers. The proceeds from privatization could be used for workers' compensation and labor training. Privatized monopolies have to be well regulated. The issues of time framework, program effectiveness, and the role of the capital market in privatization are also discussed. Privatization policy must be accompanied by other policy measures to ensure that the buyer profits from productive endeavors because privatization is not an end itself.
Keywords: Privatization, Policy, Public Enterprise, Bangladesh
JEL Classification: L33, L98, H80
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
From State to Market: A Survey of Empirical Studies on Privatization
-
Enterprise Restructuring in Transition: A Quantitative Survey
By Simeon Djankov and Peter Murrell
-
Enterprise Restructuring in Transition: A Quantitative Survey
By Simeon Djankov and Peter Murrell
-
Russian Privatization and Corporate Governance: What Went Wrong?
By Bernard S. Black, Reinier Kraakman, ...
-
How Does Privatization Work? Evidence from the Russian Shops
By Nicholas Barberis, Maxim Boycko, ...
-
By Joseph P. H. Fan and T.j. Wong
-
By Enrico C. Perotti and Bruno Biais