Privatization, Social Impact, and Social Safety Nets /

Privatization promotes economic efficiency and growth, thereby reinforcing macroeconomic adjustment. In the short run, however, it can lead to job losses and wage cuts for workers and higher prices for consumers. This paper discusses these impacts and the fiscal implications of privatization. It the...

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Dades bibliogràfiques
Autor principal: Gupta, Sanjeev
Altres autors: Ma, Henry, Schiller, Christian
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1999.
Col·lecció:IMF Working Papers; Working Paper ; No. 1999/068
Accés en línia:Full text available on IMF
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245 1 0 |a Privatization, Social Impact, and Social Safety Nets /  |c Sanjeev Gupta, Henry Ma, Christian Schiller. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1999. 
300 |a 1 online resource (27 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
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506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Privatization promotes economic efficiency and growth, thereby reinforcing macroeconomic adjustment. In the short run, however, it can lead to job losses and wage cuts for workers and higher prices for consumers. This paper discusses these impacts and the fiscal implications of privatization. It then reviews various methods of privatization and finds that public sales and auctions can have more negative effects on workers but maximize the government's revenue gains. Policymakers' options for mitigating the social impact of privatization are surveyed, and experiences under adjustment programs reviewed. 
538 |a Mode of access: Internet 
700 1 |a Ma, Henry. 
700 1 |a Schiller, Christian. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1999/068 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1999/068/001.1999.issue-068-en.xml  |z IMF e-Library