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Hard-cover • 2008
Pages: 292
ISBN: 9788171886340
US$59.95
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Publisher:
Academic Foundation

Privatisation and Labour Restructuring

Gopal Ganesh

About the Book

<p>Privatisation of State owned enterprises has raised a lot of passion, heat and dust around the world, especially after the huge successes this policy had in the United Kingdom and Germany, Latin American countries, Asia and Africa. But very soon, it came to be recognised that privatisation did create many problems, such as lack of transparency, pseudo capitalism and many other associated evils. The welfare aspects of privatisation also tended to be given inadequate attention in the privatisation process.</p> <p><br /> In the rush to privatise, many countries ignored the welfare role of the State. In particular, the negative aspects of privatisation relating to labour came to be recognised and initiatives began to be taken to lessen these negative social aspects. These were, however, not adequate and resulted in impoverishment and considerable hardship to labour and led to questions on the wisdom of pursuing privatisation policies.</p> <p><br /> In this book, the author examines the privatisation processes in Sri Lanka and India and the implications that it has for various sections of society. The book also examines the measures that need to be adopted to minimise the negative societal implications of labour restructuring on account of privatisation, in the light of international experience.</p> <p><br /> This book is the first detailed analysis of the subject of societal implications of labour restructuring in Asia and will serve as a useful reference book for researchers and scholars of privatisation, besides policy makers and practitioners.</p>

Reviews

A highly useful reference work for policy makers in developing countries. 
(Excerpt from the Foreword to this book)

— G.V. Ramakrishna first Chairman, Disinvestment

   Commission of India.

 

Gopal Ganesh, a distinguished scholar and civil servant, presents a lucid analysis of international experience of labour restructuring and privatisation in Sri Lanka and India with particular reference to its effects on labour and employment... Even as he shows concern for labour, which is made to bear the maximum brunt of global competition and privatisation, Gopal Ganesh sees the need for privatisation.

— C.S. Venkata Ratnam Director, International

    Management Institute, New Delhi.

 

Not only does the book give insights into the privatisation of several enterprises in India and Sri Lanka, but it provides valuable information on the experience of privatisation in several countries in the world.

— R.C. Bhargava, former Chairman & Managing

     Director, Maruti Suzuki India Limited.

 

An extremely useful analytical chronology of the privatisation efforts in India and Sri Lanka; its strengths, weaknesses, missed opportunities and policy corrections. The comparative analysis between the Sri Lankan and Indian experience as two important emerging markets, highlights the similarities and asymmetries which has lessons for other emerging markets.

— N.K. Singh, former Member, Planning

     Commission, Government of India.

 

Dr. Ganesh has an unique advantage over other scholars on this issue as he had a ringside view of how India organized an Independent commission to deal with disinvestment of public undertakings in India, and the legal, administrative and political hurdles faced in launching a rational disinvestment process... This book will be read with interest by scholars, decision makers and public enterprise chiefs who have a stake in public sector reforms.

— T.L. Sankar, Padma Bhushan, former Director,

     Administrative Staff College of India.

 

This research study brings out the methodology, the organisaiton and the problems encountered in undertaking this privatisation. The author believes that the privatisation process would suffer seriously in developing countries unless the attendant problems as brought out in case studies are satisfactory resolved. The book is based on meticulous field studies and is comprehensive in scope.

— Ishwar Dayal, former Director, Indian Institute of

     Management (IIM), Lucknow.


About the Author(s) / Editor(s)

<p><strong>Dr. Gopal Ganesh</strong> is one of the few bureaucrats in India who have entered academics after a long and brilliant stint in Government. He had served the Governments of Uttar Pradesh and the Government of India in several important capacities with distinction. In the Government of India, one of his important assignments was that of Member Secretary to the erstwhile Disinvestment Commission for nearly five years.&nbsp;</p> <p>&nbsp;</p> <p>He has had a ring side view of disinvestment process in India. He was also a Visiting Fellow at Queens Elizabeth House, Oxford, where he worked on privatisation of public enterprises.</p> <p>&nbsp;</p> <p>After his retirement from the Indian Administrative Service in 2003, he was Adviser to the Twelfth Finance Commission and also a Member of the Adhoc Task Force on MoUs in the Department of Public Enterprises. Currently, he is the Executive Director of the Centre for Management and Research in Mauritius.</p> <p>&nbsp;</p> <p>A prolific writer he has earlier authored three books viz., Privatisation Experience Around the World: Privatisation, Competition and Regulation in the United Kingdom and Privatisation in India, and has authored several articles in financial newspapers and journals in India.</p>
Contents in Detail

1.International Experience of Labour
   Restructuring

 


2.Privatisation in Sri Lanka

 


3.Labour Restructuring in Sri Lanka

 


4.Privatisation in India

 

5.Labour Restructuring in India

 


6.Conclusions


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