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Privatization in Eritrea policy law and practice : a critical perspective

Abraham Mellakh Habte

Privatization in Eritrea policy law and practice : a critical perspective - BangaloreBangalore NLSIU 2001 - 154 p. ; 25 cm.

TABLE OF CONTENTS ACRONYMS; LIST OF TABLES; LIST OF ANNEXURES; INTRODUCTION; Chapter I: Literature Review and Methodology; 1.1 Introduction; 1.2 Theoretical Context; 1.3 Review of Eritrean Privatization Law; A. Privatization Agency; B. Privatization Policies and Modalities; 1.4 Definition o£ Research Problem; 1.4.1 Main Research Questions; 1.5 Research Methodology; 1.6 Chapterization; Chapter II: Introduction; 2.1 Public Policy - New Right school of thought; 2.2. Economic Theories of Development; A. The New Political Economy; B. Liberalization; C. Privatization; D. Globalization; Chapter ill: Privatization in a theoretical context; 3.1 Definition; A. Benefits of Privatization; B. The Political underpinnings of Privatization; 3.2 Privatization Objectives; 3.3 Reform of Public Enterprises; 3.3.1 Public Sector Reform Success Story: The New Zealand Case; A. Reform of Government Commercial enterprises; B. Reform Approaches; 3.4 Privatization Process; 3.4.1 Pre-Privatization stage; A. Conditions for a Successful Privatization Plan; B. Restructuring and Productivity; C. Providing A Performance Record; 3.4.1.1 Privatization Methods (Instruments of Transaction); 3.4.2 Privatization stage; A. Types and Techniques of Privatization; B. Privatized company's relationship with government; 3.4.3 Post-Privatization Stage; A. Limitations of Privatization; B. Costs of Privatization; 3.5 Ownership and Competition; 3.5.1 Conditions for Success of Privatization; 3.6 Valuation and pricing of privatization; 3.6.1 Purpose of Valuation; 3.6.2 Asset Valuation Method; 3.6.3 Earnings and assets; 3.6.4 Net Asset Value; 3.6.5 The Balco Case; 3.7 Efficiency vis-a-vis Equity; 3.8 State vis-a-vis Market; 3.9 Regulation; Chapter IV: Privatization in Eritrea; 4. 1 Historical Overview; 4.2 Eritrea's Economic Macro-Policy; 4.3 Review of Eritrean Privatization Law; 4.3.1 The National Agency for the Supervision and Privatization of Public Enterprises (NASPPE); 4.3.2 Policies and Modalities for the Privatization of Public Enterprises; 4.3.3 The Practical Aspects of Privatization in Eritrea; 4.3.3.1 The Early Stages 1993-94 (Phase I); 4.3.3.2 Developments Since 1995 (Phase II); A. Privatization Procedures; B. Privatization of Individual Enterprises; C. Privatization Record; 4.3.4. Critical opinion on the law and practice; At National Economic Policy level; Implementation level; Other Policy Level Issues are; Chapter V: Privatization (disinvestment) in India; 5. 1 Historical Overview; 5.2 Policy; 5.3 Law - Terms of reference; 5.3.1 Establishment of Disinvestment Commission; 5.3.2 Disinvestment Commission's Recommendations; 5.3.2.1 Establishment of Disinvestment Fund; 5.3.2.2 Restructuring; A. Business Restructuring; B. Technological Restructuring; C. Corporate Governance and Autonomy; 5.3.2.3 Recommendations Applicable to all PSUs; 5.3.3 Disinvestment Strategy, Principles and Criteria; 5.3.3.1 Long Term Disinvestment Strategy; 5.3.3.2 Guidelines on Disinvestment of PSUs; 5.3.3.3 Guidelines on Modalities; 5.4 Practice; Chapter VI: Privatization in Developing Countries; Chapter VII: Conclusions and Recommendation; 7.1 General Remarks on the Process of Privatization in India and Eritrea; 7.2 Recommendations; GLOSSARY; BIBLIOGRAPHY; WEBLIOGRAPHY; ANNEXURES.


Economic Theories of Development Privatization - Developing Countries Privatization - India