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To predict the number of workers who will lose their jobs if state-owned enterprises are privatized or restructured, several approaches have been taken: drawing on international experience, accepting estimates from current directors of state enterprises, and inferring the number of redundancies from ad hoc indicators of profitability, productivity, or labor cost. All three approaches may be irrelevant and inferior to systematically comparing employment levels across similar enterprises that differ in the share of capital owned by the state.
Book Synopsis State Ownership and Labor Redundancy by : Patrick Belser
Download or read book State Ownership and Labor Redundancy written by Patrick Belser and published by World Bank Publications. This book was released on 2001 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: To predict the number of workers who will lose their jobs if state-owned enterprises are privatized or restructured, several approaches have been taken: drawing on international experience, accepting estimates from current directors of state enterprises, and inferring the number of redundancies from ad hoc indicators of profitability, productivity, or labor cost. All three approaches may be irrelevant and inferior to systematically comparing employment levels across similar enterprises that differ in the share of capital owned by the state.
To predict the number of workers who will lose their jobs if state-owned enterprises are privatized or restructured, several approaches have been taken: drawing on international experience, accepting estimates from current directors of state enterprises, and inferring the number of redundancies from ad hoc indicators of profitability, productivity, or labor cost. All three approaches may be irrelevant and inferior to systematically comparing employment levels across similar enterprises that differ in the share of capital owned by the state.Privatizing or restructuring state-owned enterprises may lead to massive layoffs, but the number of redundant workers is usually unknown beforehand. Belser and Rama estimate labor redundancy by comparing employment levels across enterprises with different degrees of state ownership.In their model, state enterprises are a hybrid between labor-managed enterprises and profit-maximizing enterprises, with the profit motive becoming less prominent as the state share of capital increases. This model leads to an employment equation that is estimated using an enterprise database from Vietnam.In this database, constructed especially for this paper, roughly a third of the enterprises are fully state-owned, a third are fully private, and a third are joint ventures between the state and the private sector. The employment equations control for sector activity, region, and the enterprise's age, among other variables.The results suggest that if the state share of capital were brought down to zero, roughly half of the workers in the corresponding enterprises would be redundant. This is more than 10 times the estimate by the current enterprise directors.The results also show a wide dispersion of redundancy across sectors of activity.There is only a weak correlation between estimated labor redundancy and 12 ad hoc indicators of profitability, productivity, and labor cost. But the correlation between most ad hoc indicators also is weak, suggesting that these indicators are not reliable tools for identifying the most overstaffed enterprises.This paper - a product of Public Service Delivery, Development Research Group - is part of a larger effort in the group to understand labor issues in public sector reform. The study was supported by the Bank's Research Support Budget under the research project quot;Public Sector Downsizing, Phase IIquot; (RPO 683-67). It was also supported by the Vietnam Country Office, East Asia and Pacific Region.
Book Synopsis State Ownership and Labor Redundancy by : Patrick Belser
Download or read book State Ownership and Labor Redundancy written by Patrick Belser and published by . This book was released on 2016 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: To predict the number of workers who will lose their jobs if state-owned enterprises are privatized or restructured, several approaches have been taken: drawing on international experience, accepting estimates from current directors of state enterprises, and inferring the number of redundancies from ad hoc indicators of profitability, productivity, or labor cost. All three approaches may be irrelevant and inferior to systematically comparing employment levels across similar enterprises that differ in the share of capital owned by the state.Privatizing or restructuring state-owned enterprises may lead to massive layoffs, but the number of redundant workers is usually unknown beforehand. Belser and Rama estimate labor redundancy by comparing employment levels across enterprises with different degrees of state ownership.In their model, state enterprises are a hybrid between labor-managed enterprises and profit-maximizing enterprises, with the profit motive becoming less prominent as the state share of capital increases. This model leads to an employment equation that is estimated using an enterprise database from Vietnam.In this database, constructed especially for this paper, roughly a third of the enterprises are fully state-owned, a third are fully private, and a third are joint ventures between the state and the private sector. The employment equations control for sector activity, region, and the enterprise's age, among other variables.The results suggest that if the state share of capital were brought down to zero, roughly half of the workers in the corresponding enterprises would be redundant. This is more than 10 times the estimate by the current enterprise directors.The results also show a wide dispersion of redundancy across sectors of activity.There is only a weak correlation between estimated labor redundancy and 12 ad hoc indicators of profitability, productivity, and labor cost. But the correlation between most ad hoc indicators also is weak, suggesting that these indicators are not reliable tools for identifying the most overstaffed enterprises.This paper - a product of Public Service Delivery, Development Research Group - is part of a larger effort in the group to understand labor issues in public sector reform. The study was supported by the Bank's Research Support Budget under the research project quot;Public Sector Downsizing, Phase IIquot; (RPO 683-67). It was also supported by the Vietnam Country Office, East Asia and Pacific Region.
The severity of labor redundancy has been underestimated because of difficulties in conceptualizing the issue and finding politically acceptable solutions. Schemes to reduce labor redundancy can decrease the wage bill significantly and allow fairly high compensation to the employees laid off yet still allow the government to recoup its costs in a relatively short time.
Book Synopsis Reducing Labor Redundancy in State-owned Enterprises by : Jan Svejnar
Download or read book Reducing Labor Redundancy in State-owned Enterprises written by Jan Svejnar and published by World Bank Publications. This book was released on 1991 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: The severity of labor redundancy has been underestimated because of difficulties in conceptualizing the issue and finding politically acceptable solutions. Schemes to reduce labor redundancy can decrease the wage bill significantly and allow fairly high compensation to the employees laid off yet still allow the government to recoup its costs in a relatively short time.
Book Synopsis Reducing Labor Redundancy in State-owned Enterprises by : Jan Svejnar
Download or read book Reducing Labor Redundancy in State-owned Enterprises written by Jan Svejnar and published by . This book was released on 1991 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
When state-owned enterprises preparing for privatization have very high levels of redundant workers and when social safety nets and redundancy provisions in labor laws are inadequate or lacking, the political and social implications of layoffs mean that the government should be involved in the design and funding of special programs to deal with unemployment and labor unrest. This note reviews the main elements of such programs severance and retirement benefits, retraining and redeployment support, employee share ownership schemes, and importantly, mechanisms to ensure labor consultation and participation. In many countries these programs need to go hand-in-hand with reforms to expand private labor markets: removing obstacles to job creation, ending restrictions on hiring and firing, and eliminating taxes that raise the cost of labor.
Book Synopsis Labor Redundancies and Privatization by : Sunita Kikeri
Download or read book Labor Redundancies and Privatization written by Sunita Kikeri and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: When state-owned enterprises preparing for privatization have very high levels of redundant workers and when social safety nets and redundancy provisions in labor laws are inadequate or lacking, the political and social implications of layoffs mean that the government should be involved in the design and funding of special programs to deal with unemployment and labor unrest. This note reviews the main elements of such programs severance and retirement benefits, retraining and redeployment support, employee share ownership schemes, and importantly, mechanisms to ensure labor consultation and participation. In many countries these programs need to go hand-in-hand with reforms to expand private labor markets: removing obstacles to job creation, ending restrictions on hiring and firing, and eliminating taxes that raise the cost of labor.
Experienced contributors with a balanced and realistic view of the prospects for privatization and the reform of state-owned enterprises in the Middle East and North Africa Clearly written and well structured, with numerous useful references to other studies at the end of each chapter
Book Synopsis State-Owned Enterprises in the Middle East and North Africa by : Merih Celasun
Download or read book State-Owned Enterprises in the Middle East and North Africa written by Merih Celasun and published by Routledge. This book was released on 2013-01-11 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experienced contributors with a balanced and realistic view of the prospects for privatization and the reform of state-owned enterprises in the Middle East and North Africa Clearly written and well structured, with numerous useful references to other studies at the end of each chapter
Men and women may be affected differently by the transition from central planning to a market economy and especially by the privatization and restructuring of state-owned enterprises. In Vietnam during the massive downsizing in the early 1990s, many more women than men were laid off. But in the downsizing in the early part of this decade women are less likely than men to be retrenched in large numbers.
Book Synopsis The Gender Implications of Public Sector Downsizing by : Martín Rama
Download or read book The Gender Implications of Public Sector Downsizing written by Martín Rama and published by World Bank Publications. This book was released on 2001 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Men and women may be affected differently by the transition from central planning to a market economy and especially by the privatization and restructuring of state-owned enterprises. In Vietnam during the massive downsizing in the early 1990s, many more women than men were laid off. But in the downsizing in the early part of this decade women are less likely than men to be retrenched in large numbers.
Two decades after Vietnam introduced a programme of economic renovation commonly known as Doi Moi, the country today allows market competition in industry, and a new working class has been created. This is the first book to focus on the role and conditions of workers in the new economic regime. The authors of the book trace Vietnam's labour history, explore the impact of the socialist legacy and examine the reasons for the large number of recent strikes. The book provides insights into the workforce of one of Asia's most rapidly developing industrial economies.
Book Synopsis Labour in Vietnam by : Anita Chan
Download or read book Labour in Vietnam written by Anita Chan and published by Institute of Southeast Asian Studies. This book was released on 2011-08-12 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two decades after Vietnam introduced a programme of economic renovation commonly known as Doi Moi, the country today allows market competition in industry, and a new working class has been created. This is the first book to focus on the role and conditions of workers in the new economic regime. The authors of the book trace Vietnam's labour history, explore the impact of the socialist legacy and examine the reasons for the large number of recent strikes. The book provides insights into the workforce of one of Asia's most rapidly developing industrial economies.
Fears of job loss and changes in employment status have often led workers and unions to oppose privatization and to take actions that delay or block reforms. Many developing country governments have been reluctant to undertake reforms because of labor opposition and the political costs involved. Such difficulties are often compounded by concerns about the social impact of reforms, particularly in countries where social safety nets and labor markets are lacking. The objective of the Toolkit, which includes a CD-ROM, is to provide practical tools and information to help policy makers and practitioners deal with these sensitive issues. The Toolkit helps governments identify and select appropriate strategies and approaches, offers guidelines for design and implementation based on best practice and actual experience, and indicates the factors influencing the choice of strategy and options. The Toolkit is illustrated with examples, checklists, and templates that walk decision makers through best practice methodologies.
Book Synopsis Labor Issues in Infrastructure Reform by : Public-Private Infrastructure Advisory Facility
Download or read book Labor Issues in Infrastructure Reform written by Public-Private Infrastructure Advisory Facility and published by World Bank Publications. This book was released on 2004 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fears of job loss and changes in employment status have often led workers and unions to oppose privatization and to take actions that delay or block reforms. Many developing country governments have been reluctant to undertake reforms because of labor opposition and the political costs involved. Such difficulties are often compounded by concerns about the social impact of reforms, particularly in countries where social safety nets and labor markets are lacking. The objective of the Toolkit, which includes a CD-ROM, is to provide practical tools and information to help policy makers and practitioners deal with these sensitive issues. The Toolkit helps governments identify and select appropriate strategies and approaches, offers guidelines for design and implementation based on best practice and actual experience, and indicates the factors influencing the choice of strategy and options. The Toolkit is illustrated with examples, checklists, and templates that walk decision makers through best practice methodologies.
Global Privatization Laws and Regulations Handbook. Vol. 11. China
Book Synopsis Global Privatization Laws and Regulations Handbook China by : International Business Publications, USA.
Download or read book Global Privatization Laws and Regulations Handbook China written by International Business Publications, USA. and published by Lulu.com. This book was released on 2007-02-07 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global Privatization Laws and Regulations Handbook. Vol. 11. China
