Privatization in Developing Countries: A Promising Development Strategy?

This paper analyses privatization as one of development strategies in developing countries. In the last two decades, there has been an increasing trend of privatizing state owned enterprises (SOE) in developing countries. This paper clarifies that the process to decide the implementation of privatiz...

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Bibliographic Details
Main Author: Ilmiawan Auwalin, -
Format: Conference or Workshop Item PeerReviewed
Language:English
Indonesian
English
Published: 2019
Subjects:
Online Access:https://repository.unair.ac.id/111133/1/Ilmiawan%20Auwalin_Karil%204.01_Privatization%20in%20Developing.pdf
https://repository.unair.ac.id/111133/6/IlmiawanA_PeerReview401.pdf
https://repository.unair.ac.id/111133/3/IlmiawanA_Similarity4.01_Privatization%20in%20Developing.pdf
https://repository.unair.ac.id/111133/
https://knepublishing.com/index.php/KnE-Social/article/view/4282
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Institution: Universitas Airlangga
Language: English
Indonesian
English
Description
Summary:This paper analyses privatization as one of development strategies in developing countries. In the last two decades, there has been an increasing trend of privatizing state owned enterprises (SOE) in developing countries. This paper clarifies that the process to decide the implementation of privatization in a developing country is a complex issue. The decision to privatize is not merely weighing the potential benefits of privatization, but also requires consideration of the circumstances of the country itself. The prerequisite circumstances of privatization in developing countries, including macroeconomic stability, the large role of the private sector, and low corruption level, will be discussed.