Overview for Privatisation Experience Around the World
Privatisation of public sector undertakings is now one of the important concomitants of public finance policy. Liberalisation of trade and deregulation in many countries around the world has brought into focus the need for restructuring the privatisation of public sector enterprises. In this effort, it would be of immense help to policy framers, economists and practitioners to know the privatisation experience of other countries, both developing and developed, the pitfalls and successes they faced and to profit from such experience. It is in this context that the present book provides the first and very comprehensive study of such privatisation experience around the globe. This fascinating study brings sharply into focus the policy formulations and administrative arrangements that made a success or failure of their efforts. This is further buttressed with selected case studies of privatisation. The justification for a proper privatisation policy and the various methods of possible privatisation are also dealt with at length to provide the backdrop against which the country experience could be evaluated. This book fulfils the need for such a publication and it is a must for every economist, bureaucrat, administrator, student and politician interested in his countryâ€™s economic success.
G. Ganesh (Author)
G. Ganesh (b. 1943) is a senior officer in the Indian Administrative Services who has served the State of Uttar Pradesh and the Government of India for more than 30 years in various important capacities. Having been born in Chennai and educated at University of Madras and Delhi, he joined the Indian Administrative Services in 1967. He has been collector and District Magistrate in four districts in Uttar Pradesh, besides working as Principal Secretary of various departments in the State Secretariat. At the Centre, he has served in the Ministries of Home and Economic Affairs. Currently, he is Member Secretary of the Public Sector Disinvestment Commission at the Centre. Mr. Ganesh has traveled widely and has a number of study reports and publications to his credit. He retains a keen interest in the privatisation and liberalization processes currently being carried out in India and the rest of the World.