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Public enterprise reform in adjustment lending

Author

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  • Nellis, John

Abstract

Specific divestiture dates and institutional public enterprise reform should probably not be a matter of hard conditionality for sectoral adjustment lending. One alternative is to establish institutional development projects that parallel adjustment operations. Another is to establish primary conditions, nonfulfillment of which would bring an operation to a halt, and secondary conditions (including most institutional and public enterprise reforms), nonfulfillment of which would evoke sanctions but not end operations.

Suggested Citation

  • Nellis, John, 1989. "Public enterprise reform in adjustment lending," Policy Research Working Paper Series 233, The World Bank.
  • Handle: RePEc:wbk:wbrwps:233
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    Cited by:

    1. World Bank, 2005. "The Evolution of Enterprise Reform in Africa : From State-Owned Enterprises to Private Participation in Infrastructure—and Back?," World Bank Publications - Reports 8472, The World Bank Group.

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