Privatisasi dan Efisiensi: Teori dan Kenyataan Empiris

Mahmud Thoha
Additional contact information
Mahmud Thoha: LIPI Jakarta

Economics and Finance in Indonesia, 1993, vol. 41, 227-250

Abstract: The 1980s have been characterized by widespread attempts of policy makers in developed and developing countries alike to roll back the state from too much intervention in the economy, and to rely on market forces The divestiture or privatization of State Owned Enterprises (SOEs) has featured prominently in these attempts, just as an earlier generation of policy makers had mphasized direct state intervention to redress market failure. However, both theoretical frameworks and empirical evidence indicate that organization and competition are more important in determining the overall efficiency and performance of SOEs than ownership. The policy implication is that internal reforms of SOEs as well as liberalization and deregulation are better options than privatization.

Keywords: policy; perekonomian; nasionalisasi (search for similar items in EconPapers)
Date: 1993
References: Add references at CitEc
Citations:

Downloads: (external link)
https://lpem.org/repec/lpe/efijnl/199310.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:lpe:efijnl:199310

Access Statistics for this article

More articles in Economics and Finance in Indonesia from Faculty of Economics and Business, University of Indonesia Contact information at EDIRC.
Bibliographic data for series maintained by Muhammad Halley Yudhistira ( this e-mail address is bad, please contact ).