Privatization and Labour. What Happens to Workers When Governments Divest?

S. Kikeri

Working Papers from World Bank - Technical Papers

Abstract: Countries the world over have launched ambitious privatization programs to improve the efficiency of state enterprises, free up resources for social services, and mobilize capital for expansion and modernization. A universal concern in this process is the effect privatization has on labor. Many observers fear that privatization will cause major job losses as new owners of privatized firms shed excess labor to improve efficiency and as divesting governments cut the workforce to prepare for privatization.

Keywords: PRIVATIZATION; LABOUR; WORKERS (search for similar items in EconPapers)
JEL-codes: J21 J60 L33 (search for similar items in EconPapers)
Pages: 46 pages
Date: 1998
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Citations: View citations in EconPapers (21)

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Persistent link: https://EconPapers.repec.org/RePEc:fth:wobate:396

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