Privatization: Investing in State-Owned Enterprises Around the World - Tapa dura

Privatization is not just an economic buzzword. It stands for investment opportunities that have unlimited potential. Political changes in Eastern Europe, debt in Latin America, and economic conditions in the USA have all created an international business bonanza - the chance to buy former government run or owned properties. This authoritative guide uses case studies and detailed examples to provide investors with everything necessary to locate desirable buys, assess risks and rewards, and negotiate the most favorable deals. It addresses the basics of privatization and focuses on the opportunities presented by privatization to outside investors. It also contains a practical guide to buying former government-owned enterprises, including a checklist of questions to be considered before exploring privatization opportunities.

The public sector's need for new revenues, sparked by political change and economic pressures at home and abroad, has reversed the century-old trend toward government growth in favor of private sector management and ownership. Political upheaval in Eastern Europe, crippling debt in Latin America, and a volatile North American economy have created a climate in which privatization has emerged as a dramatic new business opportunity. While providing governments with a chance to cut losses and quickly generate much-needed cash, privatization offers new investment opportunities with strong upside potential for businesses. From news-making purchases involving Russian railroads and Brazilian agro-industries, to more modest investments, such as Romanian shoe factories and Texas grade schools, state-owned enterprises (SOEs) have consistently, proven to be among the most sought-after buys of the past decade. Based on years of privatization consulting by the professionals at Ernst & Young in Europe, Asia, Latin America, the U.S., and Canada, this new book provides practical guidance for involvement in and purchasing of state-owned enterprises. Combining principle with real-life case studies, this hands-on guide takes you step-by-step through the entire process - from research and planning to negotiating, purchasing, and managing.