Greek Public Enterprises: Challenges for Reform
A successful reform of public enterprises would improve productivity in key sectors of the Greek economy, and thus provide essential inputs at lower cost to the economy as a whole. Reforms would need to address the factors that are responsible for the poor performance of Greek public enterprises. Fi...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
1999
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| Schriftenreihe: | OECD Economics Department Working Papers
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| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | A successful reform of public enterprises would improve productivity in key sectors of the Greek economy, and thus provide essential inputs at lower cost to the economy as a whole. Reforms would need to address the factors that are responsible for the poor performance of Greek public enterprises. First, labour costs are high and productivity low in international comparisons. Second, there are wide technology gaps between Greece and other OECD countries. Third, Greece's public enterprises fulfil heavy public service commitments without matching compensation. As a result, prices are often out of line with prices elsewhere. In recognition of the large drag on the economy, as well as the burden on the budget, the Government has embarked on a programme to revitalise inefficient public enterprises. The objective of this paper is to analyse the main issues concerning the public enterprise sector and assess the current policy framework, as well as planned changes to it. First, the key ... |
| Beschreibung: | 1 Online-Ressource (66 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/213543162468 |
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| spelling | Mylonas, Paul Verfasser aut Greek Public Enterprises Challenges for Reform Paul Mylonas and Isabelle Joumard Paris OECD Publishing 1999 1 Online-Ressource (66 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers A successful reform of public enterprises would improve productivity in key sectors of the Greek economy, and thus provide essential inputs at lower cost to the economy as a whole. Reforms would need to address the factors that are responsible for the poor performance of Greek public enterprises. First, labour costs are high and productivity low in international comparisons. Second, there are wide technology gaps between Greece and other OECD countries. Third, Greece's public enterprises fulfil heavy public service commitments without matching compensation. As a result, prices are often out of line with prices elsewhere. In recognition of the large drag on the economy, as well as the burden on the budget, the Government has embarked on a programme to revitalise inefficient public enterprises. The objective of this paper is to analyse the main issues concerning the public enterprise sector and assess the current policy framework, as well as planned changes to it. First, the key ... Economics Greece Joumard, Isabelle ctb https://doi.org/10.1787/213543162468 Verlag kostenfrei Volltext |
| spellingShingle | Mylonas, Paul Greek Public Enterprises Challenges for Reform Economics Greece |
| title | Greek Public Enterprises Challenges for Reform |
| title_auth | Greek Public Enterprises Challenges for Reform |
| title_exact_search | Greek Public Enterprises Challenges for Reform |
| title_exact_search_txtP | Greek Public Enterprises Challenges for Reform |
| title_full | Greek Public Enterprises Challenges for Reform Paul Mylonas and Isabelle Joumard |
| title_fullStr | Greek Public Enterprises Challenges for Reform Paul Mylonas and Isabelle Joumard |
| title_full_unstemmed | Greek Public Enterprises Challenges for Reform Paul Mylonas and Isabelle Joumard |
| title_short | Greek Public Enterprises |
| title_sort | greek public enterprises challenges for reform |
| title_sub | Challenges for Reform |
| topic | Economics Greece |
| topic_facet | Economics Greece |
| url | https://doi.org/10.1787/213543162468 |
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