
In the rapid world-wide spread of privatization, progress in the Middle East and North Africa region has been markedly slow. This volume argues that a high level of overstaffing in public enterprises and the inability of economies to create jobs fast enough is mainly responsible for this. An in-depth study of the facts and a well-supported conclusion makes this an impressive collection of work on a very pertinent subject.
This volume investigates the structural and economic impediments to the privatization of state-owned enterprises within the Middle East and North Africa region. Merih Celasun utilizes regional economic data to analyze why privatization efforts have lagged behind global trends. The author argues that systemic overstaffing and the inability of local labor markets to absorb displaced workers serve as the primary barriers to reform. The text provides a rigorous examination of the intersection between public sector employment and macroeconomic performance.
What You Will Find
Experts recognize this volume as a foundational text for understanding the specific socio-economic challenges facing state-led economies in the MENA region. Readers frequently note the academic density of the prose and the author's reliance on empirical data to support the central thesis.
Page Count:
320
Publication Date:
2013-01-01
Publisher:
Taylor & Francis Group
ISBN-10:
0203187970
ISBN-13:
9780203187975
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