Privatization of Public Enterprises in Bangladesh

摘要

Historically,public enterprises were the mainsprings of the Bangladesh economy. However,being bolstered by poor performance of public enterprises and world-wide trend of privatization,successive governments in Bangladesh have embarked on selling out these enterprises to the private sector. Despite concerted efforts,the privatization program in Bangladesh has failed to deliver the promised results. This paper attempts to analyze privatization experiences in Bangladesh from a political economy perspective. The objectives of this paper are: (a) to sketch the historical background of privatization; (b) to identify and elucidate the factors,both internal and external,that led to the privatization of state-owned enterprises (SOE); (c) to analyze the political economy factors underpinning the dynamics of privatization in Bangladesh.