Privatisation: The ASEAN Connection Book

A great deal of economic success of Southeast Asian economies is attributed to privatisation. Through the mechanism of privatisation, these economies have successfully integrated themselves with dominant metropolitan capitalist countries. The underlying interlinkages have remained vital for the ASEAN miracle. The studies presented here are pointers to the fact that in the ASEAN countries, like anywhere else in the world, privatisation exercise could not prove itself to be unmixed blessing. It has given rise to many issues which the authors analyse. This book describes the privatisation experiences of five original ASEAN economies: Indonesia, Malaysia, Philippines, Singapore and Thailand. The present collection of studies is an assortment of both micro and macro aspects of privatisation in the ASEAN region. The privatisation experiences of these countries are studied from a series of interrelated perspectives, and various dimensions of privatisation, e.g. processes and modes, implications and effects, and contemporary issues and challenges, are elaborated with facts and figures. The relevant developments and associated issues are addressed in such a way that readers will be in a position to make a comparative analysis of the models of privatisation in these countries.Read More