University of Sunderland IMPLEMENTATION OF PRIVATIZATION POLICY: AN EMPIRICAL STUDY FROM NEPAL; SUCCESS OR FAILURE By Raj Kumar Maharjan (Registration Number: 059991668) This paper was submitted in partial fulfillment of the requirements for the Masters of Business Administration (MBA) degree at University of Sunderland‚ School of Business‚ Graduate Business Program‚ Sunderland‚ U.K. January 2010 A MASTER’S PROJECT IN BUSINESS ADMINISTRATION BY RAJ KUMAR MAHARJAN REGISTRATION NUMBER:
Premium Privatization Public sector Public ownership
PROJECT ASSIGNMENT “Airport Privatization in India –Emerging Legal issues” * SLT RICHA GIRI Introduction The business of owning and managing airports‚ once considered a safe haven‚ is challenging even the best managers. Higher fuel prices and an economic downturn that started in the United States and is spreading to other countries are reducing demand for air travel and causing airlines to make deep cuts in capacity. While the impacts of these trends vary widely by
Premium Airport
PRIVATIZATION Privatisation can be defined as ‘the partial or total transfer of property of responsibility from the public sector (government) to the private sector (business) or private persons. Privatization can include the transfer of responsibilities and not solely change of ownership. Privatisation consists of simply ‘the transfer of all or any of three kinds of property rights from the state to the private sector; ownership rights‚ operating rights and development rights since these constitute
Premium Privatization Public ownership Nationalization
Expropriation and Privatization Expropriation In certain circumstances‚ governments have a legitimate need and the right to take private property for public purposes. In environmental emergencies‚ public authorities may need‚ in the interest of public health‚ to resettle people whose property is located in irreparably contaminated areas. To develop infrastructure‚ such as roads and power stations‚ governments may need to acquire land to place these assets. When a government expropriates property
Premium Property Nationalization Public sector
concept that has been meet with both praise and skeptisism. Pratt and Maahs‚ describe privatization in corrections as a growth industry state “Rooted primarily in the political and economic context of the 1980s. The movement to privatize public services has received increasing support in response to taxpayer demands that government provide more services with fewer resources. Advocates of correctional privatization often argue from a ‘public choice’ theoretical perspective… holding that private entities
Premium Prison Penology Criminal justice
GOVERNMENT PRIVATIZATION POLICY 1.1 History of Government Privatization Policy The Government Privatization Policy was first announced as a national policy by Prime Minister of Malaysia‚ Tun Dr Mahathir Mohamad in 1983. It represents a new advent of preceding government policy although it was very much consistent with his own personal ideological and policy preferences as well as new wave of conservative market reforms beginning in the West. Thus‚ in the Eighth Plan period‚ privatization will continue
Premium Privatization Public sector Economics
Privatization Theory Privatization is the essential process in both the political and the economic transition from socialism to capitalism. Property rights are one of the most important differences between the two systems because they create a system of incentives‚ which ultimately leads to a more efficient utilization of resources. Additionally‚ individuals can respond to market conditions faster and more efficiently than the state itself. Hence‚ the transfer of ownership from the state to private
Premium Bosnia and Herzegovina Capitalism Serbs
My reason for privatization To promote efficiency. This is because; one common problem facing the public sector is bad attitude towards work. In that respect‚ if the sector is privatized‚ the new management would instill a strict routine check on the workers thereby increasing efficiency. Privatisation‚ also spelled privatization‚ may have several meanings. Primarily‚ it is the process of transferring ownership of a business‚ enterprise‚ agency‚ public service or public property from the public
Premium Privatization Property Public sector
Privatization of Prisons Private Prison‚ Inc. Introduction America has been getting tougher on lawbreakers. This is something that the public long has been demanding. The problem it creates‚ however‚ is a shortage of prison capacity to hold the increased numbers of convicted criminals. This has led to: prison overcrowding‚ sometimes prompting court actions against penal systems; rapidly rising operational outlays; and taxpayer resistance to the cost of new prisons. A partial answer to the
Premium Prison Federal government of the United States
There are few legal and business practices which have caused as much controversy and public outcry‚ as privatization of forests. Other than the Ocean‚ forests are maybe the most important system to sustain life on this planet. Forests regulate weather‚ neutralize ecosystems and sustain life to the cellular level. So why would anyone privatize forests? In a nutshell‚ proponents of forest privatization argue that the resources are not being fully exploited. They argue‚ many neighboring nations and people
Premium Privatization Forest Government