State enterprise reform
ASI specialises in providing assistance to the PSP/privatisation programmes of developing and transitional countries. Our work includes:
- Design of PSP/privatisation programmes
- Strengthening privatisation agencies
- Development or enhancement of privatisation and PSP procedures
- Draft or amendment of PSP/privatisation laws
- Carrying through privatisation transactions
- Designing and implementation of PSP programmes
ASI has considerable experience of assisting government to develop and articulate a clear policy framework for PSP/privatisation. We have the ability to adapt quickly to challenging and novel circumstances, and in particular to help muster the critical political support necessary to carry policies through to successful conclusion.
ASI has deep expertise of integrating social, environmental, labour governance and cross-sectoral dimensions into privatisation activities. We are world leaders in labour restructuring – see box below – and uniformly achieve success in building effective social, environmental and governance components of restructuring programmes.
ASI are leading experts on international best practice in labour restructuring, as evidenced by our path-breaking work in assembling the World Bank’s Labour Restructuring Toolkit, the compendium of international best practice in this area. See
http://rru.worldbank.org/Documents/Toolkits/Labor/index.html.
We have implemented many labour restructuring projects in the context of privatisation, including three major programmes in the Indian states of Andhra Pradesh, Orissa and Madya Pradesh.
ASI also has an excellent track record in the restructuring and privatisation of financial services firms. For example, ASI have just concluded the successful sale of Uganda’s National Insurance Corporation and are in the process of supporting the privatisation of Tanzania’s National Insurance Corporation and have also conducted successful projects to strengthen financial regulation in advance of privatisation in a number of countries.
ASI is the acknowledged world leader in establishing and strengthening privatisation and restructuring agencies. The World Bank highlights ASI’s paper on institutional issues in privatisation as international best practice. See:
http://rru.worldbank.org/documents/paperslinks/young_inst_framework.pdf)
Examples of ASI’s institution building include Andhra Pradesh in India where we built from scratch a very successful enterprise reform unit that, against heavy odds, successfully privatised 54 units in India’s first successful privatisation programme.
