"Over the past decade India has been undertaking a programme of economic reform, and at the same time the economy has been growing at a high rate. As part of the reform programme, and in line with prevailing economic thinking, India has been privatising its large, ungainly public sector. Combin...

Ausführliche Beschreibung

Bibliographische Detailangaben

1. Verfasser:	Mohan, T. T. Ram 1956- (VerfasserIn)
Format:	Buch
Sprache:	English
Veröffentlicht:	New York, NY [u.a.] Routledge 2005
Schriftenreihe:	India in the modern world
Schlagworte:	Wirtschaftspolitik Privatization > India Privatisierung Indien India > Economic policy > 1991-
Zusammenfassung:	"Over the past decade India has been undertaking a programme of economic reform, and at the same time the economy has been growing at a high rate. As part of the reform programme, and in line with prevailing economic thinking, India has been privatising its large, ungainly public sector. Combining data analysis with case studies to provide a balanced evaluation of the process of deregulation and privatisation within the overall context of economic reforms, the author demonstrates, that, contrary to the prevailing view, private-sector firms do not outperform public-sector firms across all sectors. He argues that the dominance of family businesses, rather than professionally managed firms, and the level of corporate governance are important constraints on the privatisation process in India. He also shows that revenue-raising considerations have weighed more heavily with the government than efficiency objectives Broadbased shareholding of public-sector firms, not sale to private groups, should, therefore, be the preferred route to enhancing efficiency at public-sector firms. Overall, this study of the reform process in India, with its unique long-standing mix of private and public sectors, will be of great interest to all those studying reform and transition worldwide."--BOOK JACKET
Beschreibung:	XX, 218 S. graph. Darst. 24 cm
ISBN:	0415331919