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Beyond Bureaucrats in Business: a critical review of the World Bank approach to privatization and public sector reform

✍ Scribed by Kate Bayliss; Ben Fine

Publisher: John Wiley and Sons
Year: 1998
Tongue: English
Weight: 196 KB
Volume: 10
Category: Article
ISSN: 0954-1748
DOI: 10.1002/(sici)1099-1328(1998110)10:7<841::aid-jid546>3.0.co;2-n

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✦ Synopsis

This paper provides a critical review of the World Bank Policy Research Report, Bureaucrats in Business, commenting on its position relative to the previous reports in the series and on the new privatization synthesis Ð the theoretical basis underlying the Bank's approach. The detailed critique focusses on three main areas of the Report: the narrow analytical framework which inevitably supports predetermined conclusions; the selective and biased use of evidence which ignores possible alternative interpretations Ð particularly the in¯uence of country-speci®c factors; and the narrow view of industrial policy which leads to inappropriate policy prescriptions.

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