BPE

Indeed, with new investments in the privatized enterprises, better resource allocation, operational efficiencies, and better corporate governance are likely to pave the way for expansion and job creation. These improvements in turn will bring about better working conditions, higher pay and more sustainable employment in the long run. Nonetheless, the impact of privatisation on employment …

What are the impact of privatisation on workforce and employment? Read More »

There are, of course, no guarantees but privatisation can be an important element for increasing the workforce in the long term. If private management functions on an efficient and profitable basis, it should be expected that its business would increase over time as a result of higher production and lower product cost. Prices of products, …

Does privatisation lead to overall growth in the economy? Read More »

The sale of public enterprises would reduce the level of employment in the short-run, because of the elimination of excess labour. Unemployment, however, is expected to decrease in the medium- and long-run as the rate of growth of the economy increases along with the growth of the private sector.   The implications of privatisation from …

What are the long-term benefits of privatisation on the economy and job creation efforts? Read More »

The government must devise sectoral policies that introduce competition and promote private sector development. It must establish and maintain a strong regulatory framework for the remaining monopolies, public and private, to ensure that fair business practices are adhered to, keep prices down, and generally oversee the particular sector; It must maintain transparency in transactions and …

What should be the essential role of the government in making privatisation work? Read More »

Privatisation is not an end in itself, but it is a key tool for improving the efficient allocation of resources, for mobilizing investment, and for stimulating private sector development. It is expected to bring about the following benefits: Reduce corruption and parasitic mentality; Infuse capital and modernize technology in our industries, many of which have …

What are some of the benefits of privatisation to the economy and the society? Read More »