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Privatization, Social Impact, and Social Safety Nets

Privatization, Social Impact, and Social Safety Nets »

Volume/Issue: 1999/68

Series: IMF Working Papers

Author(s): Sanjeev Gupta , Henry Ma , and Christian Schiller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1999

DOI: http://dx.doi.org/10.5089/9781451848977.001

ISBN: 9781451848977

Keywords: Privatization, social safety nets, social welfare, state-owned enterprises, transition, employment, impact of privatization, employment guarantees, unemployment

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. T...

Privatization, Social Impact, and Social Safety Nets

Privatization, Social Impact, and Social Safety Nets »

Source: Privatization, Social Impact, and Social Safety Nets

Volume/Issue: 1999/68

Series: IMF Working Papers

Author(s): Sanjeev Gupta , Henry Ma , and Christian Schiller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1999

ISBN: 9781451848977

Keywords: Privatization, social safety nets, social welfare, state-owned enterprises, transition, employment, impact of privatization, employment guarantees, unemployment

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. T...