Privatization : Lessons from Jordan
While many governments in the Arab world have undertaken some privatizations since the early 1990s, many retain surprisingly large portfolios of fully, majority, or minority state-owned enterprises (SOEs). As in other parts of the world, privatizat...
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| Format: | Brief |
| Language: | English en_US |
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World Bank, Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2012/07/16795703/privatization-lessons-jordan http://hdl.handle.net/10986/16171 |
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okr-10986-161712021-04-23T14:03:27Z Privatization : Lessons from Jordan Mako, William P. ANNUAL PAYMENTS AVERAGE TARIFFS BOT CAPACITY DEVELOPMENT CAPITAL INVESTMENT CAPITAL MARKET CAPITAL MARKET DEVELOPMENT CAPITAL MARKETS COMMITMENT TO PRIVATIZATION CONFLICT OF INTEREST CONFLICTS OF INTEREST CONTINGENT LIABILITY CORPORATE SOCIAL RESPONSIBILITY CREDITS CRITICAL MASS DEBT ENTERPRISE PERFORMANCE ENTERPRISE RESTRUCTURING EXECUTIVE PRIVATIZATION COMMISSION FINANCIAL ASSISTANCE FINANCIAL INSTITUTION FINANCIAL PERFORMANCE FOREIGN DIRECT INVESTMENT GOVERNMENT BUDGETS GOVERNMENT OFFICIALS IMPLEMENTATION OF PRIVATIZATION INDEPENDENT REGULATOR INSTITUTIONAL FRAMEWORKS INTERNATIONAL FINANCIAL INSTITUTION INVESTOR INTEREST LABOR PRODUCTIVITY LEGAL AUTHORITY LEVEL OF DEBT MACROECONOMIC STABILITY MANDATES NEGOTIATION PORTFOLIOS POTENTIAL INVESTOR PRIVATE PARTNERSHIPS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PRIVATIZATION AGENCY PRIVATIZATION COMMITTEE PRIVATIZATION LAW PRIVATIZATION PLAN PRIVATIZATION PROCEEDS PRIVATIZATION PROGRAM PRIVATIZATION SALES PRIVATIZATION TRANSACTION PRIVATIZATION TRANSACTIONS PRIVATIZATIONS PUBLIC SHARE OFFERING PUBLIC-PRIVATE PARTNERSHIPS REAL ESTATE REGULATORS REGULATORY FRAMEWORKS RETIREMENT AGE SALES PROCEEDS STATE-OWNERSHIP STOCK EXCHANGE TECHNICAL ASSISTANCE TREASURY While many governments in the Arab world have undertaken some privatizations since the early 1990s, many retain surprisingly large portfolios of fully, majority, or minority state-owned enterprises (SOEs). As in other parts of the world, privatization often causes concerns among citizens. Workers fear loss of employment and benefits; consumers worry about price increases; and voters mistrust government officials. Jordan's experience during 1998 - 2008, when the Government of Jordan (GOJ) privatized fourteen SOEs in telecommunications, electricity, air transport, mining and other sectors with technical assistance program financing from the U.S. Agency for International Development (USAID) demonstrates both how privatization can provide a wide range of benefits to society and how to implement a privatization program. Privatization is contentious, and it can be difficult to demonstrate the benefits. To do so, it will be useful to establish a pre-privatization baseline in terms of the enterprise performance results, employment effects, fiscal effects, investment, and competitiveness to be expected in a counter-factual case where the enterprise remains under state-ownership. 2013-10-16T15:21:37Z 2013-10-16T15:21:37Z 2012-07 http://documents.worldbank.org/curated/en/2012/07/16795703/privatization-lessons-jordan http://hdl.handle.net/10986/16171 English en_US MENA Knowledge and Learning Quick Notes Series;No. 68 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Middle East and North Africa Jordan |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ANNUAL PAYMENTS AVERAGE TARIFFS BOT CAPACITY DEVELOPMENT CAPITAL INVESTMENT CAPITAL MARKET CAPITAL MARKET DEVELOPMENT CAPITAL MARKETS COMMITMENT TO PRIVATIZATION CONFLICT OF INTEREST CONFLICTS OF INTEREST CONTINGENT LIABILITY CORPORATE SOCIAL RESPONSIBILITY CREDITS CRITICAL MASS DEBT ENTERPRISE PERFORMANCE ENTERPRISE RESTRUCTURING EXECUTIVE PRIVATIZATION COMMISSION FINANCIAL ASSISTANCE FINANCIAL INSTITUTION FINANCIAL PERFORMANCE FOREIGN DIRECT INVESTMENT GOVERNMENT BUDGETS GOVERNMENT OFFICIALS IMPLEMENTATION OF PRIVATIZATION INDEPENDENT REGULATOR INSTITUTIONAL FRAMEWORKS INTERNATIONAL FINANCIAL INSTITUTION INVESTOR INTEREST LABOR PRODUCTIVITY LEGAL AUTHORITY LEVEL OF DEBT MACROECONOMIC STABILITY MANDATES NEGOTIATION PORTFOLIOS POTENTIAL INVESTOR PRIVATE PARTNERSHIPS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PRIVATIZATION AGENCY PRIVATIZATION COMMITTEE PRIVATIZATION LAW PRIVATIZATION PLAN PRIVATIZATION PROCEEDS PRIVATIZATION PROGRAM PRIVATIZATION SALES PRIVATIZATION TRANSACTION PRIVATIZATION TRANSACTIONS PRIVATIZATIONS PUBLIC SHARE OFFERING PUBLIC-PRIVATE PARTNERSHIPS REAL ESTATE REGULATORS REGULATORY FRAMEWORKS RETIREMENT AGE SALES PROCEEDS STATE-OWNERSHIP STOCK EXCHANGE TECHNICAL ASSISTANCE TREASURY |
| spellingShingle |
ANNUAL PAYMENTS AVERAGE TARIFFS BOT CAPACITY DEVELOPMENT CAPITAL INVESTMENT CAPITAL MARKET CAPITAL MARKET DEVELOPMENT CAPITAL MARKETS COMMITMENT TO PRIVATIZATION CONFLICT OF INTEREST CONFLICTS OF INTEREST CONTINGENT LIABILITY CORPORATE SOCIAL RESPONSIBILITY CREDITS CRITICAL MASS DEBT ENTERPRISE PERFORMANCE ENTERPRISE RESTRUCTURING EXECUTIVE PRIVATIZATION COMMISSION FINANCIAL ASSISTANCE FINANCIAL INSTITUTION FINANCIAL PERFORMANCE FOREIGN DIRECT INVESTMENT GOVERNMENT BUDGETS GOVERNMENT OFFICIALS IMPLEMENTATION OF PRIVATIZATION INDEPENDENT REGULATOR INSTITUTIONAL FRAMEWORKS INTERNATIONAL FINANCIAL INSTITUTION INVESTOR INTEREST LABOR PRODUCTIVITY LEGAL AUTHORITY LEVEL OF DEBT MACROECONOMIC STABILITY MANDATES NEGOTIATION PORTFOLIOS POTENTIAL INVESTOR PRIVATE PARTNERSHIPS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATIZATION PRIVATIZATION AGENCY PRIVATIZATION COMMITTEE PRIVATIZATION LAW PRIVATIZATION PLAN PRIVATIZATION PROCEEDS PRIVATIZATION PROGRAM PRIVATIZATION SALES PRIVATIZATION TRANSACTION PRIVATIZATION TRANSACTIONS PRIVATIZATIONS PUBLIC SHARE OFFERING PUBLIC-PRIVATE PARTNERSHIPS REAL ESTATE REGULATORS REGULATORY FRAMEWORKS RETIREMENT AGE SALES PROCEEDS STATE-OWNERSHIP STOCK EXCHANGE TECHNICAL ASSISTANCE TREASURY Mako, William P. Privatization : Lessons from Jordan |
| geographic_facet |
Middle East and North Africa Jordan |
| relation |
MENA Knowledge and Learning Quick Notes Series;No. 68 |
| description |
While many governments in the Arab world
have undertaken some privatizations since the early 1990s,
many retain surprisingly large portfolios of fully,
majority, or minority state-owned enterprises (SOEs). As in
other parts of the world, privatization often causes
concerns among citizens. Workers fear loss of employment and
benefits; consumers worry about price increases; and voters
mistrust government officials. Jordan's experience
during 1998 - 2008, when the Government of Jordan (GOJ)
privatized fourteen SOEs in telecommunications, electricity,
air transport, mining and other sectors with technical
assistance program financing from the U.S. Agency for
International Development (USAID) demonstrates both how
privatization can provide a wide range of benefits to
society and how to implement a privatization program.
Privatization is contentious, and it can be difficult to
demonstrate the benefits. To do so, it will be useful to
establish a pre-privatization baseline in terms of the
enterprise performance results, employment effects, fiscal
effects, investment, and competitiveness to be expected in a
counter-factual case where the enterprise remains under state-ownership. |
| format |
Publications & Research :: Brief |
| author |
Mako, William P. |
| author_facet |
Mako, William P. |
| author_sort |
Mako, William P. |
| title |
Privatization : Lessons from Jordan |
| title_short |
Privatization : Lessons from Jordan |
| title_full |
Privatization : Lessons from Jordan |
| title_fullStr |
Privatization : Lessons from Jordan |
| title_full_unstemmed |
Privatization : Lessons from Jordan |
| title_sort |
privatization : lessons from jordan |
| publisher |
World Bank, Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2012/07/16795703/privatization-lessons-jordan http://hdl.handle.net/10986/16171 |
| _version_ |
1764432385435238400 |