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2 edition of Law on transformation and privatization of state-owned and municipal enterprises found in the catalog.

Law on transformation and privatization of state-owned and municipal enterprises

Bulgaria.

Law on transformation and privatization of state-owned and municipal enterprises

by Bulgaria.

  • 355 Want to read
  • 16 Currently reading

Published by Economic Information Dept., Bulgarian Chamber of Commerce and Industry in Sofia .
Written in English

    Subjects:
  • Government business enterprises -- Law and legislation -- Bulgaria,
  • Privatization -- Law and legislation -- Bulgaria

  • Edition Notes

    StatementBulgarian Chamber of Commerce and Industry.
    ContributionsBŭlgarska tŭrgovsko-promishlena palata.
    Classifications
    LC ClassificationsKJM3217.A311992 S74 1993
    The Physical Object
    Pagination21 p. ;
    Number of Pages21
    ID Numbers
    Open LibraryOL24069783M
    LC Control Number2010288234

    Rapid and multifaceted privatization: experience of Czech and Slovak Republics (English) Abstract. Within three years of the overthrow of the communist regime, the Czech and Slovak governments have privatized about one-half of the economy. In its speed and extent, this is an unprecedented transformation, especially since the governments had. A state-owned enterprise is a commercial enterprise owned by a government entity in a capitalist market or mixed s for state ownership of commercial enterprises are that the enterprise in question is a natural monopoly or because the government is promoting economic development and -owned enterprises may or may not be expected to operate .

    Lee, C. J. () ‘An Assessment of Taiwan’s Privatization of Public Enterprises and Development of Small and Medium Enterprises’, paper presented at the Seminar on the Reform of State-owned Enterprises: Privatization and Experiences of Asian Countries (Vietnam) (27–8 May). Google Scholar. The transformation of China's state-owned enterprises (SOEs) over the past decade has resulted in remarkable changes to the structure of the Chinese economy. Gaizhi, the Chinese term meaning "transforming the system", has become a major phenomenon in most parts of the country and in many cases has involved privatization.

    The Law provides for some special ways of privatization of whole state-owned and municipal enterprises and parts of through: Letting out for a period of 25 years with a purchase option; Management contract with a purchase option or sale to third parties;. Privatization as state transformation / Henry Farrell ; Public-sector management is complicated: comment on Farrell / Joseph Heath ; Freedom, responsibility, and privatization / Eric MacGilvray ; Is rule of law an equilibrium without (some) private enforcement? Book\/a>, schema:CreativeWork\/a> ; Do state-owned enterprises promise to.


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Law on transformation and privatization of state-owned and municipal enterprises by Bulgaria. Download PDF EPUB FB2

Promulgated: State Gazette No. 38/ Amended: State Gazette No 51/; 45, 57 & /; 42 & 45/ This Act establishes the terms and procedures under which the state-owned enterprises shall be transformed into sole proprietor companies, and under which state-owned and municipal enterprises shall be privatized.

The book is divided into three major sections. The first presents a theoretical discussion that underlies the other essays. The second section deals with privatization issues from the perspective of the United States.

The third describes research addressed to the U. and Canada. In the firstBrand: Springer Netherlands. Article (1) In the case of privatisation of a state-owned or municipal enterprise transformed into a joint-stock company, the persons under Article 5, paragraph 2 of this Act shall have the right to purchase on preferential terms up to 20 per cent of the shares held by the state or the respective municipality.

The case for privatization, whether defined in a broad or narrow sense, has been forcefully made by its advocates against the backdrop of the much advertised poor performances of state-owned enterprises (SOEs) and theoretical arguments relating to the efficiency of private firms over public enterprises.

State-owned enterprises (SOEs) everywhere are a hotbed for inefficiency, and Georgia was no exception. In the early s, corruption was the norm at its SOEs. Politicians treated SOEs as their personal cash cows, and most decisions were driven by greed, rather than by an interest to promote the greater good of the country as a : Nika Gilauri.

(with the Law on Social Capital of the former Yugoslav Federation). However, the process has really intensified in the last eight years, i.e. since the Macedonian Law on Transformation of Enterprises with Social Capital has been enacted, in The Macedonian model of privatisation has a commercial, case-by-case approach.

There are. Privatisation in Bulgaria started officially in April with approval of the Law on Transformation and Privatisation of State-owned and Municipal Enterprises. A decentralised approach was chosen for implementation of the process.

This means that the competencies are distributed among various institutions - the Privatisation Agency and sectoral ministries are responsible for. STATE-OWNED ENTERPRISE REFORM Ha-Joon Chang Reader in the Political Economy of Development Faculty of Economics Box 8 Privatization Checklist Law and order, basic infrastructure, primary health, basic education, and scientific research.

The Local Government Municipal Systems Act 36 Benefits of water privatization 43 ‘denationalisation’, that is, transferring the ownership of a public enterprise to private hands.3 Another idea in vogue is ‘liberalisation and deregulation’. Privatization took place on a much wider scale in the early s, when the government of Russia deliberately set a goal to sell its assets to the Russian public.

Upon the Soviet Union's collapse, the new government was forced to manage the huge and inefficient [citation needed] state enterprise sector inherited from the Soviet ization was carried out by the State Committee for.

Federal Law of RF # 15 I “On Privatization of State and Municipal Enterprises in Russian Federation" issued 3 July Vedomosti S’ezda Narodnykh Dep utatov RSFSR and Supreme Council o. Governance and privatization of state-owned enterprises. National. Mehmood Mandviwalla. J and finally, and perhaps most importantly, to follow the rule of law.

Privatization, transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned enterprises may be lifted.

Services formerly provided by government may be contracted out. Inthe former Thein Sein-led administration formed a privatization commission and proceeded to privatize thousands of state-owned enterprises including factories, land and customer services. Laws exist that allow state-run businesses such as Inland Water Transport, Myanma Port Authority, Myanma Dockyards and Myanmar Airways to operate on.

(1) In the Russian law, the holdings were first referred to (but not defined in legal terms) in the RF Law “On Privatization of State-Owned and Municipal Enterprises in RF” of July 3, (Art.

The creation of holdings was allowed to assist to the cooperation of enterprises- suppliers/consumers. political party in charge. The process of privatization is often easy for small institutions, while the process becomes harder when it comes to finding the appropriate buyers for larger enterprises6.

One of the main methods of privatization is the sale of state-owned enterprises to private investors. had been virtually no privatization until the early s. Since then privatization of state owned enterprises has proceeded relatively slowly.

By the late s, the state owned enterprises continued to be an important part of the national economy. In the second half of the s, the state sector contributed about 40 percent of GDP and The Privatization process in Russia, Ukraine, and the Baltic States: economic environment, legal and ownership structure, institutions for state regulation, overview of privatization programs, initial transformation of enterprises Volume 2 of Central European university privatization reports CEU privatization reports: Authors.

Complete privatization has been somewhat rare in the United States due to the market driven economy and federal regulations associated with the sale of public assets that were built using federal grants. An example of this kind of transaction in the U.S.

can be seen in the sale of the Fairbanks Municipal Utilities System for $ million in State-owned and municipal enterprises, shares of public companies set up by transforming state-owned and municipal enterprises whose plans of privatization were approved before July 1, shall be sold in keeping with the approved plans of privatization and the order of payment, established by the Decree of the President of the Russian Federation No.

of J on Measures to. privatization can start, laws have to be in t;o. alter the character of state-owned enterprises (SOEs) and allow for their transformation into joint-sto!:kholding companies.

The new companies may still be owned entirely by the state, but the notion that enterprise ownership must be unequiv()caland unambiguous (which.to their book value and whose entire shares have been transferred to the Fund shall have the right to purchase shares under the conditions of the Law on the Transformation of Socially-Owned Enterprises if the Funds so decides.

Article 6 (1) The decision on the privatization of Iegal persons from Article.privatization of socially owned enterprises: Amendments to the Law on Special Chamber of the the Supreme Court, the Law on PAK and other relevant laws. Haxhi GASHI ∗ ∗ This policy brief by GAP Institute for Advanced Studies was written by Haxhi GASHI, a sor of the civil/property law in the Faculty of Law of the University of.