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Market‐based reforms and privatization in Sri Lanka

Market‐based reforms and privatization in Sri Lanka Purpose – The purpose of this paper is to explore and analyse the extent to which socio‐political obstacles have influenced the successful establishment and performance of an institutional framework to implement the privatization programme in Sri Lanka. Design/methodology/approach – Secondary data have been extensively used in this paper to interpret, analyse and strengthen the arguments. Further, the recent data collected through semi‐structured interviews with stakeholders in the telecommunications sector in Sri Lanka have been used. The analysis has been confined to the Sri Lankan context. Findings – This paper finds that the institutional framework, one of the preconditions necessary for successful implementation of reforms, has not been successful in the implementation due to the unsound socio‐political milieu prevailing in the country. Research limitations/implications – This paper addresses only one aspect, i.e. the importance of a proper institutional framework. It emphasizes the need for further case studies to investigate the importance of other preconditions in developing countries. Practical implications – The paper shows that the current analysis could be of immense value to the policy makers of both Sri Lanka and countries in South Asia. Originality/value – The findings in this paper suggest that careful consideration of the country‐specific socio‐political conditions in developing countries should be taken, and reform measures devised accordingly. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Public Sector Management Emerald Publishing

Market‐based reforms and privatization in Sri Lanka

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Publisher
Emerald Publishing
Copyright
Copyright © 2008 Emerald Group Publishing Limited. All rights reserved.
ISSN
0951-3558
DOI
10.1108/09513550810846113
Publisher site
See Article on Publisher Site

Abstract

Purpose – The purpose of this paper is to explore and analyse the extent to which socio‐political obstacles have influenced the successful establishment and performance of an institutional framework to implement the privatization programme in Sri Lanka. Design/methodology/approach – Secondary data have been extensively used in this paper to interpret, analyse and strengthen the arguments. Further, the recent data collected through semi‐structured interviews with stakeholders in the telecommunications sector in Sri Lanka have been used. The analysis has been confined to the Sri Lankan context. Findings – This paper finds that the institutional framework, one of the preconditions necessary for successful implementation of reforms, has not been successful in the implementation due to the unsound socio‐political milieu prevailing in the country. Research limitations/implications – This paper addresses only one aspect, i.e. the importance of a proper institutional framework. It emphasizes the need for further case studies to investigate the importance of other preconditions in developing countries. Practical implications – The paper shows that the current analysis could be of immense value to the policy makers of both Sri Lanka and countries in South Asia. Originality/value – The findings in this paper suggest that careful consideration of the country‐specific socio‐political conditions in developing countries should be taken, and reform measures devised accordingly.

Journal

International Journal of Public Sector Management – Emerald Publishing

Published: Jan 25, 2008

Keywords: Privatization; Sri Lanka

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