TY - JOUR
T1 - Trial and Error in State-Owned Enterprise Reform in Laos
AU - Songvilay, Latdavanh
AU - Insisienmay, Sthabandith
AU - Turner, Mark
PY - 2017/4/1
Y1 - 2017/4/1
N2 - In this article we trace the history of state-owned enterprise (SOE) reform in Laos. Commencing in 1986, SOE reform was a component of the New Economic Mechanism (NEM), a program of changes that moved the economy toward one based on market principles. SOE reform is located within the broader reforms associated with the NEM and is divided into three distinct phases. We present and analyze a case study of the reform of the national electricity company (Électricité du Laos) in terms of a stages model of power sector reform. The overall findings show the importance of context in influencing the specific nature of SOE reform.
AB - In this article we trace the history of state-owned enterprise (SOE) reform in Laos. Commencing in 1986, SOE reform was a component of the New Economic Mechanism (NEM), a program of changes that moved the economy toward one based on market principles. SOE reform is located within the broader reforms associated with the NEM and is divided into three distinct phases. We present and analyze a case study of the reform of the national electricity company (Électricité du Laos) in terms of a stages model of power sector reform. The overall findings show the importance of context in influencing the specific nature of SOE reform.
KW - Lao people's democratic republic
KW - Privatization
KW - State-owned enterprises
KW - transition economies
KW - economic development
UR - http://www.scopus.com/inward/record.url?scp=85019048250&partnerID=8YFLogxK
U2 - 10.1353/apr.2017.0012
DO - 10.1353/apr.2017.0012
M3 - Article
AN - SCOPUS:85019048250
SN - 0258-9184
VL - 42
SP - 239
EP - 262
JO - Asian Perspective
JF - Asian Perspective
ER -
