Read Privatization in Malaysia: Regulation, Rent-Seeking and Policy Failure

Privatization in Malaysia: Regulation, Rent-Seeking and Policy Failure

Jeff Tan

4.9/5 (14213 ratings)

Description:In recent years, privatisation has fallen out of favour in many countries because the underlying political factors have not been well understood. This book examines Malaysia’s privatisation programme, focusing on how political constraints resulted in the failure of four major privatisations: the national sewerage company (IWK), Kuala Lumpur Light Rail Transit (LRT), national airline (MAS), and national car company (Proton). It considers why developing countries such as Malaysia might want to embark on privatisation, the factors that lead to policy failure, and what is needed to make it work. It shows clearly that political motives driving privatisation often dominate purely economic considerations, and thus it is necessary to analyse privatisation within the specific country context. It argues that failure in the Malaysian case was due to political considerations that compromised institutional design and regulatory enforcement, leading to problems associated with corruption. It concludes that privatisation does not necessarily improve incentives for efficiency or enhance the finance available for capital investment, and that successful privatisation depends on the state’s institutional and political capacity to design and manage an appropriate set of subsidies. Overall, this book is a comprehensive examination of privatisation in Malaysia, providing important insights for understanding the political economy of this process in other developing countries.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Privatization in Malaysia: Regulation, Rent-Seeking and Policy Failure. To get started finding Privatization in Malaysia: Regulation, Rent-Seeking and Policy Failure, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Pages: 256

Format: PDF, EPUB & Kindle Edition

Publisher: Routledge

Release: 2007

ISBN: 1134089155

Description: In recent years, privatisation has fallen out of favour in many countries because the underlying political factors have not been well understood. This book examines Malaysia’s privatisation programme, focusing on how political constraints resulted in the failure of four major privatisations: the national sewerage company (IWK), Kuala Lumpur Light Rail Transit (LRT), national airline (MAS), and national car company (Proton). It considers why developing countries such as Malaysia might want to embark on privatisation, the factors that lead to policy failure, and what is needed to make it work. It shows clearly that political motives driving privatisation often dominate purely economic considerations, and thus it is necessary to analyse privatisation within the specific country context. It argues that failure in the Malaysian case was due to political considerations that compromised institutional design and regulatory enforcement, leading to problems associated with corruption. It concludes that privatisation does not necessarily improve incentives for efficiency or enhance the finance available for capital investment, and that successful privatisation depends on the state’s institutional and political capacity to design and manage an appropriate set of subsidies. Overall, this book is a comprehensive examination of privatisation in Malaysia, providing important insights for understanding the political economy of this process in other developing countries.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Privatization in Malaysia: Regulation, Rent-Seeking and Policy Failure. To get started finding Privatization in Malaysia: Regulation, Rent-Seeking and Policy Failure, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Special Offer | $0.00

Special Offer! | $0.00

Privatization in Malaysia: Regulation, Rent-Seeking and Policy Failure

Privatization in Malaysia: Regulation, Rent-Seeking and Policy Failure

More Books

The Art of Tangled

The Art of Tangled

A Heavy Dose of Allison Tandy (A Heavy Dose of Allison Tandy, #1)

A Heavy Dose of Allison Tandy (A Heavy Dose of Allison Tandy, #1)

Clouds of Venus (Free Space trilogy, #1)

Clouds of Venus (Free Space trilogy, #1)

Final Crisis: Revelations

Final Crisis: Revelations

[(Privatization in Malaysia: Regulation, Rent-seeking and Policy Failure )] [Author: Jeff Tan] [Nov-2007]

[(Privatization in Malaysia: Regulation, Rent-seeking and Policy Failure )] [Author: Jeff Tan] [Nov-2007]

The Spider: Inside the Tangled Web of Jeffrey Epstein and Ghislaine Maxwell

The Spider: Inside the Tangled Web of Jeffrey Epstein and Ghislaine Maxwell

Privatization in Malaysia (Routledge Malaysian Studies) by Jeff Tan (2011-09-13)

Privatization in Malaysia (Routledge Malaysian Studies) by Jeff Tan (2011-09-13)

Sticky Steps To Creating Killer Presentations: 54 Tips To Design and Deliver A WOW Presentation - 2nd Edition 2016

Sticky Steps To Creating Killer Presentations: 54 Tips To Design and Deliver A WOW Presentation - 2nd Edition 2016

Supergirl, Volume 5: Red Daughter of Krypton

Supergirl, Volume 5: Red Daughter of Krypton