RE: Efficiency of the markets

["Asher, Mukul Govindji" <ecsasher@nus.edu.sg>]

Privatization works best when there is strong and competent government and
regulary structures. So pre-condition for privatization is institutional
and
capacity building plus greater resources devoted to the government!!

Mukul Asher

> ----------
> From: 	Arvind Kumar[SMTP:arvind.kumar@rocketmail.com]
> Reply To: 	debate@indiapolicy.org
> Sent: 	Monday, November 16, 1998 10:51 AM
> To: 	debate@indiapolicy.org
> Subject: 	Re:Efficiency of the markets
> 
> 
> ---"K.S.Sastry" <kssasty@hd1.vsnl.net.in> wrote:
> >
> > 
> 
> > without transparency and accountability. Centrally
> planned systems have not
> > yet been tried in open societies.
> 
> Francois Mitterand nationalized several industries
> in the 70s and it turned out to be a total disaster.
> In the 90s, he himself went in for privatization.
> 
> -Arvind
> 
> 
>
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