Introduction The purpose of this paper is to construct a vision of Indian telecom sector for the year 2020, i.e., about two decades from now. Development being a continuous process, the choice of the year 2020 is just an arbitrary division of time, a pre-defined time horizon to take stock of what is likely to […]
1.0 Introduction and motivation of study The issues of ownership and corporate governance have been discussed broadly in the prior literature especially in developed markets. However, in emerging economies like Malaysia, the issues received a vigorous impetus when the Asian Financial Crisis (AFC) hit Malaysia with severity in 1997/98. The AFC had depressed the economy […]
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Get started1.0 Introduction Privatization throughout the 1980’s has been considered to be the solutions to the problems associated State Owned Enterprise (SOE)s both in the developed and developing economies and even in the socialist economies (Vickers and Yarrow 1995). In reality privatization is an economies policy and other times a political policy that is difficult to […]
Chapter 3 Globalization in the GCC: a political and economic analysis Political Aspect The creation of the GCC was a direct result of regional political events of that time. The idea of the need for the union of the major independent states of the gulf had been floating around since the early 1970s. Three main […]
Globalization is not only a concept of economic but also it is social, cultural and political developments that is a multidimensional way. In economic terms it is noteworthy that these three dimensions of globalization: trade globalization, financial globalization and the globalization of production. The globalization of production refers to the tendency among firms to source […]
There are different levels of management in the three different sectors of the economy. There are non-managerial employees, first-line managers, middle managers and the top managers. Robbins et al ;( 2009). This essay will critically evaluate the challenges faced by managers in the public sector organisations. The essay will assess the roles of the manager […]
Today, in many industrialized nations, policy makers, economists, corporate executives and academicians are debating over the issues of corporate governance. The discussion focuses on the policy formulation and corporate structure by board of directors to improve executive behaviour and management oversight. According to literature, corporate governance refers to the set of mechanisms that influence the […]
These days government is using disinvestment as strategic tool to raise capital. Money collected from disinvestment is used to fill the fiscal deficit and is used for other purposes. This is helping other poor performing PSUs to revive. Government made mandatory to float at least 10% in 2009. In 2010 government has again mandated to […]
Current study describes the effect of privatization on non-performing loans of conventional commercial banks in Pakistan to some extent. Process of privatization started from 1988 due to non-satisfactory performance of banks, as there was lack of lenders plans, weak credit operations, increased loans sizes and many other similar factors. Studies revealed the better performance of […]
The privatization of SOEs has over time been a big and important issue in the development of the economy. This has lead to the development of many theories which explains the ideas behind what is expected practically expected and the principle on which privatization exercises are based. This chapter will however will discuss the relevant […]
Answer: The Role of ministry of finance is to prepare the yearly government budget, in coordination with the other ministries and public enterprises. Thus the main motive is to collect money in form of tax from the people and then spend it again back on people. This is a kind of process where money is […]
English only July 2007 PRIVATIZATION AND RE-NATIONALIZATION OF MALAYSIA AIRLINES (Submitted by the ICAO Secretariat) 1. BACKGROUND Malaysia Airlines (MAS) was incorporated as Malaysia’s flag carrier in 1971 following the breakdown of Malaysia-Singapore Airlines partnership. Since then, MAS has continued to expand its network and fleet. By mid-1980s, MAS had a total of about 60 […]
