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Seminar paper from the year 2015 in the subject Business economics - Economic Policy, grade: 2.1, , course: Public Administration, language: English, abstract: The establishment of public enterprises by governments of developing economies has been identified as a strategic approach to accelerated economic and national development. The main prop was the fostering and harnessing of economic potentials, balancing and control of strategic and social interest of the country, full employment as well as generation of revenue for the development of infrastructure. With the exception of some episodic successes recorded at inception, structural legacy of public enterprises and their corresponding impact on the Nigerian economy have been burdensome. This research was therefore inspired by the need to critically evaluate the factors leading to the dismal performance of public enterprises using the Cross River Newspaper Corporation as a case study. A sample of 360 persons was used for the study. The data for this study was generated from a well structured questionnaire which was administered on the sample. Research hypotheses were tested using Parsons Correlation Coefficient method. The result of the analyses revealed a positive correlation between the dependent and independent variables. Accordingly, the four Null Hypotheses were rejected. Recommendations were made in line with the findings.
This paper examines the role that privatization can play within a wider strategy designed to overcome the problems associated with public enterprises. For this purpose, privatization is defined as a transfer of ownership and control from the public to the private sector, with particular reference to asset sales. It is therefore equated with total or partial denationalization. Economic efficiency is not only the key to improving the performance of the public enterprise sector, but is also the source of other gains often attributed to privatization, in particular, its favorable budgetary impact. To public enterprises that are subject to national or international competition, privatization offers the possibility of increased productive efficiency as government financial backing is withdrawn and bankruptcy and takeover become possibilities. The admissibility and desirability of privatization, as well as what types of enterprise should be privatized, ought to be determined by similar considerations in both industrial and developing countries.
In both the developed world and the third world public enterprise has come to assume considerable importance in the structure and development of national economies. Originally published in 1984, this book, by an acknowledged international authority on public enterprise, explores this concept in both the major and the developing economies. He analyses how public enterprise functions and demonstrates how it may be integrated into both traditional Western mixed economies and third world economies with a much high level of state control.
A guide to analysing and improving relations between government and public enterprises. The book is divided into 15 operational exercises, each one dealing with one aspect of the relationship and suggesting an approach to take in practice.
Conference report on public enterprise in Nigeria - includes papers on aspects of price policy, management problems, auditing and control, financing and financial management, commercial policies, investment policies, efficiency and profitability, etc. Flow charts, graphs, references and statistical tables. List of participants. Conference held in enugu 1973 April 12 to 16.
Developed in collaboration with the Nigerian Academy of Science, this report explores the ways in which science-based private enterprises can be created and encouraged in Nigeria and other developing countries to provide products and services that government is unable to supply in a timely and sustainable manner. Focusing on three critical challenges to health and developmentâ€"safe water, electrical lighting, and malaria therapyâ€"the report identifies a sample technology to address each of these challenges with potential for commercialization in Nigeria and Africa, and uses that sample technology to identify opportunities and barriers to creating the science-based enterprises in Nigeria.
Deregulation, privatization and marketization have become the bywords for the reforms and debates surrounding the public sector. This major book is unique in its comparative analysis of the reform experience in Western and Eastern Europe, Australia, New Zealand and Canada. Leading experts identify a number of key factors to systematically explain the similarities and differences, map common problems and together reflect on the future shape of the public sector, exploring significant themes in a lively and accessible way.