1st Edition

Privatisation in India Challenging economic orthodoxy

By T.T. Ram Mohan Copyright 2005
240 Pages
by Routledge

240 Pages
by Routledge

240 Pages
by Routledge

Over the past decade India has been undertaking a programme of economic reform, and at the same time the economy has been growing at a high rate. As part of the reform programme, and in line with prevailing economic thinking, India has been privatising its large, ungainly public sector. One assumption underlying this programme is the dogma that public sector enterprises are doomed to inefficiency,... Read more
List of Figures  List of Tables  List of Appendices  Preface  Acknowledgements  List of Abbreviations  1. Introduction  2. Privatisation: Theory and Evidence  3. Comparison of Performance in Industry and Study of Impact of Privatisation, Using Financial Measures  4. Comparison of Performance in Industry, Using Input-Output Quantities  5. Performance of Public and Private Sector Banks in India and the Impact of Privatisation  6. Method of Sale: Is Strategic Sale the Best Option?  7. Governance and Privatisation  8. China's Privatisation: A Synoptic View  9. Summary and Implications for Privatisation Policy References

Biography

T. T. Ram Mohan is Associate Professor at the Indian Institute of Management, Ahmedabad. Prior to entering academics, Professor Ram Mohan had a varied career in consulting, banking and investment banking. He has also been New York Corrrespondent for The Economic Times, India's leading financial daily, for which he now writes a fortnightly column.

'Is the private sector indeed more efficient than the public sector? Has disinvestment - the limited privatisation undertaken so far - been followed by any improvement in performance? For convincing answers of such long debated questions one has to read this book by T.T.Ram Mohan, known for challenging the current economic orthodoxy.' - Economic and Political Weekly