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Asia-Pacific
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2011
 
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Comparative Assessments of Private Sector Development and Privatization Measures in Economies in Transition and Least Developed Countries of Asia and the Pacific: Policies and Institutions


Author(s): Trade and Investment Division (TID)
Economic Sector(s): (1) Global, regional and multisectoral economic and social development strategies and policies
ESCAP Reference No.: ST/ESCAP/2195
Division/Office: Trade and Investment
Published Date: 2001
Country: {Non-country Specific Publication}
Hard Copy Price: N/A


This paper analyses economic reforms in promoting the private sector in economies in transition and least developed countries, where their privatization policies and related issues are examined. The recent economic development, environment and the impact of institutions and market structures on privatization outcomes are analysed. Legal issues for promoting privatization are discussed. The linkage between SMEs and large enterprises is emphasized for higher productivity and expanded market access. The transfer of technology is inevitable for promoting competitiveness within the private sector. Skills development for local experts is needed to attract foreign investments. Problems and hurdles in making privatization a success are identified.




CONTENTS

INTRODUCTION

    1. Recent economic development and environment in
      developing countries of Asia and the Pacific
    2. Economic and industrial policies and institutional
      infrastructure for industries in least developed
      countries and economies in transition
    3. Role of the private sector in promoting
      manufacturing: economic and industrial policy
      reform measures
  1. ECONOMIC REFORMS IN PROMOTING THE PRIVATE
    SECTOR-LED INDUSTRIALIZATION PROCESS
    1. Policy reforms in the areas of industry, trade,
      investment and technology
    2. Institutional reforms and strengthening of
      infrastructure to support the private sector in
      various economic sectors
    3. Special policy and institutional reforms for
      supporting small and medium-sized enterprises
    4. Efforts to promote industrial and technical
      skills development

  2. PRIVATIZATION ISSUES AND EFFORTS IN LEAST
    DEVELOPED COUNTRIES AND ECONOMIES IN
    TRANSITION
    1. Privatization policies
    2. Institutional support arrangements for privatization
      efforts
    3. Legal and other issues and reforms for promoting
      privatization
    4. Problems and hurdles in making privatization
      a success

  3. CONCLUSIONS AND RECOMMENDATIONS
    1. Policy issues: new roles for the public and
      private sectors
    2. Public-private sector consultation and cooperation
    3. Institutional arrangements for supporting private
      sector-led industrial development
    4. Building capacity with the private sector through
      skills development
    5. Technological issues for promoting competitiveness
      within the private sector
    6. Promoting applications of information technology
    7. Special measures for the development of small
      and medium-sized enterprises and their linkage
      with large enterprises: complementarities
      and partnerships
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