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                    [ArticleID] => 167553
                    [Title] => When privatization goes wrong
                    [Summary] => Privatization of government enterprises is premised on the logic that government bureaucrats are bad business managers, and ergo, should leave the business of doing business to the experts, i.e., the entrepreneur.


This was the thinking behind the move to privatize the Metropolitan Water and Sewerage System (MWSS). The simplified approach, engineered by the International Finance Corp. (IFC) with help from the World Bank and the International Monetary Fund, was to bid out the entire distribution system.


                    [DatePublished] => 2002-07-08 00:00:00
                    [ColumnID] => 133715
                    [Focus] => 0
                    [AuthorID] => 1805279
                    [AuthorName] => Rey Gamboa
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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BOTH MANILA WATER AND MAYNILAD

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                    [ArticleID] => 167553
                    [Title] => When privatization goes wrong
                    [Summary] => Privatization of government enterprises is premised on the logic that government bureaucrats are bad business managers, and ergo, should leave the business of doing business to the experts, i.e., the entrepreneur.


This was the thinking behind the move to privatize the Metropolitan Water and Sewerage System (MWSS). The simplified approach, engineered by the International Finance Corp. (IFC) with help from the World Bank and the International Monetary Fund, was to bid out the entire distribution system.


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abtest

When privatization goes wrong

By Rey Gamboa | July 8, 2002 - 12:00am

Privatization of government enterprises is premised on the logic that government bureaucrats are bad business managers, and ergo, should leave the business of doing business to the experts, i.e., the entrepreneur. This...

Business