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Privatization, Social Impact, and Social Safety Nets / Sanjeev Gupta, Henry Ma, Christian Schiller.
- Format:
- Book
- Government document
- Author/Creator:
- Gupta, Sanjeev.
- Series:
- IMF Working Papers; Working Paper ; No. 1999/068
- IMF Working Papers
- Language:
- English
- Physical Description:
- 1 online resource (27 pages)
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 1999.
- Language Note:
- English
- Summary:
- Privatization promotes economic efficiency and growth, thereby reinforcing macroeconomic adjustment. In the short run, however, it can lead to job losses and wage cuts for workers and higher prices for consumers. This paper discusses these impacts and the fiscal implications of privatization. It then reviews various methods of privatization and finds that public sales and auctions can have more negative effects on workers but maximize the government’s revenue gains. Policymakers’ options for mitigating the social impact of privatization are surveyed, and experiences under adjustment programs reviewed.
- Notes:
- Bibliographic Level Mode of Issuance: Monograph
- Description based on print version record.
- ISBN:
- 9786613780676
- 9781462357062
- 1462357067
- 9781452792644
- 145279264X
- 9781281599988
- 1281599980
- 9781451895490
- 1451895496
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