Reforming State-Owned Enterprises in Asia

"Reforming State-Owned Enterprises in Asia" offers a comprehensive analysis of the role of state-owned enterprises (SOEs) in many Asian economies. These companies are crucial for providing public services, constructing and operating essential infrastructure, and creating jobs in the public sector. Despite their significant functions, SOEs often face challenges in governance and inefficient incentive structures that can hinder their performance. The book examines the need for reforms to improve the efficiency, transparency, and accountability of these enterprises so that they can compete with private companies. The outcomes of reforms in the region are mixed, and the book emphasizes that certain conditions must be met to ensure the success of these reforms, including the capability of national bureaucracies to implement them and the avoidance of negative impacts on international trade and investment.