Trial and Error in State-Owned Enterprise Reform in Laos

Latdavanh Songvilay; Sthabandith Insisienmay; Mark Turner

doi:10.1353/apr.2017.0012

Trial and Error in State-Owned Enterprise Reform in Laos

Latdavanh Songvilay
, Sthabandith Insisienmay
, Mark Turner

Research output: Contribution to journal › Article › peer-review

6 Citations (Scopus)

Abstract

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.

Original language	English
Pages (from-to)	239-262
Number of pages	24
Journal	Asian Perspective
Volume	42
DOIs	https://doi.org/10.1353/apr.2017.0012
Publication status	Published - 1 Apr 2017
Externally published	Yes

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SDG 8 Decent Work and Economic Growth

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10.1353/apr.2017.0012

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abstract = "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 ({\'E}lectricit{\'e} 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.",

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AU - Songvilay, Latdavanh

AU - Insisienmay, Sthabandith

AU - Turner, Mark

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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 - https://www.scopus.com/pages/publications/85019048250

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DO - 10.1353/apr.2017.0012

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SN - 0258-9184

VL - 42

SP - 239

EP - 262

JO - Asian Perspective

JF - Asian Perspective

ER -

Trial and Error in State-Owned Enterprise Reform in Laos

Abstract

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