2003-2004, 2011, 2002, English, Article, Other article edition: Privatisation failures in Indonesia McLeod, Ross

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Bookmark: http://trove.nla.gov.au/version/199115775
Physical Description
  • Working/​Technical Paper
  • 218581 bytes
  • 366 bytes
  • application/​pdf
  • application/​octet-stream
Published
  • 2003-08-06 2004-05-19T07:54:35Z 2011-01-05T08:25:12Z 2002
Language
  • English

Edition details

Title
  • Privatisation failures in Indonesia
Author
  • McLeod, Ross
Published
  • 2003-08-06 2004-05-19T07:54:35Z 2011-01-05T08:25:12Z 2002
Physical Description
  • Working/​Technical Paper
  • 218581 bytes
  • 366 bytes
  • application/​pdf
  • application/​octet-stream
Subjects
Summary
  • Despite repeated commitments by successive governments in Indonesia to divestment of state-owned enterprises, little has occurred. There has been considerable experimentation with a different kind of privatisation, however, involving reforms that opened up markets previously dominated by state firms to the private sector. The spectacular failure of some of these experiments has weakened the appeal of privatisation. It is argued here that these disappointments do not reflect any conceptual shortcoming of privatisation as a means of improving efficiency, but are attributable to moral hazard resulting from the failure to ensure that business risks were shifted into the private sector along with ownership.
Language
  • English
Identifier
  • oai:digitalcollections.anu.edu.au:1885/​40350
  • oai:openresearch-repository.anu.edu.au:1885/​40350

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