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With persisting slower growth worldwide and in China, over-capacity in some heavy industry sectors, declining profitability, and intensifying competition from other, lower-cost emerging economies, corporate behaviour in China needs to change and focus more on efficiency and sustainability. This...
Persistent link: https://www.econbiz.de/10011732705
The challenge of power sector reform in the Arab Republic of Egypt has long been dominated by extremely high subsidies … pressure in 2014 when energy subsidies reached 6.8 percent of gross domestic product. Since then, the reform process has been …
Persistent link: https://www.econbiz.de/10012229762
reflect costs, promote private investment, and establish a regulatory authority. Today, state-owned entities continue to … ahead of other elements may limit the market effectiveness and even make subsequent reform steps more difficult …
Persistent link: https://www.econbiz.de/10012229789
Two successive waves of reform have fundamentally altered the structure and organization of Kenya's vibrant power …-beginning in 2002 and led by domestic reform champions-the thrust of first-wave reforms was continued, with the strengthening of … independent regulation, partial privatization of the generation company (KenGen), and establishment of complementary entities …
Persistent link: https://www.econbiz.de/10012008392
benefits of reform from materializing until much later. The failed first attempt with the Bujagali Hydropower independent power … substantial improvements in operational efficiency and accelerating service coverage. Although the reform model was eventually …
Persistent link: https://www.econbiz.de/10012008394
Pakistan's power sector underwent a substantial, if protracted, reform process. Beginning with an independent power …, followed in 1997, paving the way for the eventual privatization of one major distribution utility, Karachi Electric, in 2005 …
Persistent link: https://www.econbiz.de/10012022361
As the Government of India has adopted liberalization, privatization, globalization policy as a part of economic … route of privatization. Some issues are left unanswered on privatization and disinvestments and one of the issues is …
Persistent link: https://www.econbiz.de/10013128624
Persistent link: https://www.econbiz.de/10013141012
Discussions on the developing world's industrial policies have largely neglected the role of state-owned entities. This paper argues that the resurgence of state capitalism has been, in part, the response of developing countries to the recent pattern of structural transformation involving weak...
Persistent link: https://www.econbiz.de/10012129600
The legal origins literature overlooks a key area of corporate governance - the governance of state-owned enterprises (“SOEs”). There are key theoretical differences between SOEs and publicly-traded corporations. In comparing the differences of both internal and external controls of SOEs,...
Persistent link: https://www.econbiz.de/10014198252