The state-owned sector in developing countries tends to be large, diverse, and often - when the Bank gets involved - in a state of illiquidity or on the verge of collapse. While approaches have to fit individual circumstance, experience has shown that the more successful reforms have begun eliminating major price distortions (including interest and exchange rates), halting most new investment, and cutting off most subsidies. Successful implementation...
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INFORMATION
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1989/06/30
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Publication
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8025
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1
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1
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2010/07/01
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The reform of state-owned enterprises : lessons from World Bank lending
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state enterprises
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